ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Short Interest Up 870.6% in December

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 11,802 shares, a growth of 870.6% from the November 30th total of 1,216 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average trading volume of 1,622 shares, the short-interest ratio is presently 7.3 days. Based on an average trading volume of 1,622 shares, the short-interest ratio is presently 7.3 days. Currently, 2.6% of the shares of the company are short sold.

ProShares S&P 500 EX-Health Care ETF Stock Up 0.1%

Shares of ProShares S&P 500 EX-Health Care ETF stock traded up $0.04 on Wednesday, hitting $75.42. The stock had a trading volume of 932 shares, compared to its average volume of 1,314. The stock has a market cap of $34.69 million, a price-to-earnings ratio of 26.44 and a beta of 1.06. ProShares S&P 500 EX-Health Care ETF has a twelve month low of $51.95 and a twelve month high of $75.82. The business’s 50 day moving average is $74.08 and its two-hundred day moving average is $71.45.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in ProShares S&P 500 EX-Health Care ETF by 815.0% during the 2nd quarter. Bank of America Corp DE now owns 13,835 shares of the company’s stock worth $938,000 after buying an additional 12,323 shares during the period. Atria Wealth Solutions Inc. acquired a new position in shares of ProShares S&P 500 EX-Health Care ETF in the second quarter valued at about $216,000. Cozad Asset Management Inc. acquired a new position in shares of ProShares S&P 500 EX-Health Care ETF in the third quarter valued at about $203,000. Finally, Western Wealth Management LLC increased its position in ProShares S&P 500 EX-Health Care ETF by 3.7% during the second quarter. Western Wealth Management LLC now owns 5,151 shares of the company’s stock worth $349,000 after acquiring an additional 183 shares during the period.

About ProShares S&P 500 EX-Health Care ETF

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.