ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Short Interest Up 63.8% in January

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 3,963 shares, a growth of 63.8% from the December 31st total of 2,419 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,044 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily trading volume, of 2,044 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SPXV. Atria Wealth Solutions Inc. bought a new stake in shares of ProShares S&P 500 EX-Health Care ETF during the second quarter worth $216,000. Forteris Wealth Management Inc. bought a new stake in ProShares S&P 500 EX-Health Care ETF during the 4th quarter valued at about $451,000. Truefg LLC boosted its position in ProShares S&P 500 EX-Health Care ETF by 35.5% in the 4th quarter. Truefg LLC now owns 13,391 shares of the company’s stock valued at $999,000 after buying an additional 3,508 shares during the period. Cozad Asset Management Inc. bought a new position in ProShares S&P 500 EX-Health Care ETF in the 3rd quarter worth about $203,000. Finally, Bank of America Corp DE grew its stake in ProShares S&P 500 EX-Health Care ETF by 815.0% in the 2nd quarter. Bank of America Corp DE now owns 13,835 shares of the company’s stock worth $938,000 after acquiring an additional 12,323 shares in the last quarter.

ProShares S&P 500 EX-Health Care ETF Stock Down 0.3%

SPXV traded down $0.23 on Friday, hitting $75.63. The company had a trading volume of 452 shares, compared to its average volume of 1,723. The business’s fifty day simple moving average is $74.91 and its 200 day simple moving average is $73.03. The company has a market cap of $36.30 million, a PE ratio of 26.44 and a beta of 1.06. ProShares S&P 500 EX-Health Care ETF has a 12-month low of $51.95 and a 12-month high of $76.40.

ProShares S&P 500 EX-Health Care ETF Company Profile

The ProShares S&P 500 ex-Health Care ETF (SPXV) is an exchange-traded fund that is based on the S&P 500 Ex-Health Care index, a market-cap-weighted index of US large-cap stocks, excluding firms in the healthcare sector. SPXV was launched on Sep 22, 2015 and is managed by ProShares.