Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) Short Interest Update

Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 7,393 shares, a decrease of 82.3% from the June 30th total of 41,693 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 23,709 shares, the short-interest ratio is currently 0.3 days.

Invesco S&P SmallCap Health Care ETF Stock Performance

NASDAQ:PSCH traded up $0.07 during mid-day trading on Friday, reaching $53.03. The stock had a trading volume of 41,503 shares, compared to its average volume of 17,600. Invesco S&P SmallCap Health Care ETF has a twelve month low of $37.45 and a twelve month high of $54.62. The business has a 50 day simple moving average of $49.44 and a 200 day simple moving average of $45.41. The firm has a market capitalization of $161.74 million, a price-to-earnings ratio of 21.94 and a beta of 0.83.

Hedge Funds Weigh In On Invesco S&P SmallCap Health Care ETF

A number of large investors have recently modified their holdings of the business. O Shaughnessy Asset Management LLC boosted its stake in shares of Invesco S&P SmallCap Health Care ETF by 79.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 676 shares of the company’s stock valued at $30,000 after buying an additional 300 shares in the last quarter. Western Wealth Management LLC acquired a new position in Invesco S&P SmallCap Health Care ETF during the first quarter worth $49,000. Wiser Advisor Group LLC purchased a new position in Invesco S&P SmallCap Health Care ETF in the third quarter worth $76,000. Register Financial Advisors LLC purchased a new position in Invesco S&P SmallCap Health Care ETF in the fourth quarter worth $81,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Invesco S&P SmallCap Health Care ETF in the second quarter valued at $330,000.

Invesco S&P SmallCap Health Care ETF Company Profile

PowerShares S&P SmallCap Health Care Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped HealthCare Index (the Underlying Index). The Underlying Index consists of common stocks of the United States healthcare companies. These are companies that are principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities.