ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Sees Significant Growth in Short Interest

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, a growth of 200.0% from the June 30th total of 200 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the company’s shares are sold short.

ProShares S&P 500 EX-Health Care ETF Trading Down 0.2%

SPXV stock opened at $69.70 on Thursday. The stock has a 50-day moving average price of $66.88 and a two-hundred day moving average price of $63.60. ProShares S&P 500 EX-Health Care ETF has a 12-month low of $51.95 and a 12-month high of $70.17. The company has a market cap of $30.67 million, a PE ratio of 26.44 and a beta of 1.03.

Institutional Trading of ProShares S&P 500 EX-Health Care ETF

Several large investors have recently added to or reduced their stakes in the stock. Mather Group LLC. purchased a new position in ProShares S&P 500 EX-Health Care ETF in the first quarter valued at about $768,000. Western Wealth Management LLC purchased a new position in ProShares S&P 500 EX-Health Care ETF in the first quarter valued at about $298,000. Finally, Atria Wealth Solutions Inc. purchased a new position in ProShares S&P 500 EX-Health Care ETF in the second quarter valued at about $216,000.

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.