SPDR S&P Health Care Services ETF (NYSEARCA:XHS) Short Interest Up 29.6% in March

SPDR S&P Health Care Services ETF (NYSEARCA:XHS) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 338,286 shares, a growth of 29.6% from the March 15th total of 261,089 shares. Currently, 41.3% of the company’s shares are short sold. Based on an average daily volume of 11,532 shares, the days-to-cover ratio is currently 29.3 days.

SPDR S&P Health Care Services ETF Price Performance

NYSEARCA:XHS opened at $105.46 on Thursday. SPDR S&P Health Care Services ETF has a fifty-two week low of $87.64 and a fifty-two week high of $112.08. The stock’s 50-day moving average is $104.86 and its two-hundred day moving average is $105.76. The stock has a market cap of $86.48 million, a PE ratio of 18.60 and a beta of 0.95.

Hedge Funds Weigh In On SPDR S&P Health Care Services ETF

Several institutional investors and hedge funds have recently bought and sold shares of XHS. Arax Advisory Partners purchased a new position in SPDR S&P Health Care Services ETF during the 4th quarter valued at about $30,000. Strategic Wealth Advisors LLC purchased a new position in SPDR S&P Health Care Services ETF during the 4th quarter valued at about $59,000. Kestra Advisory Services LLC purchased a new position in SPDR S&P Health Care Services ETF during the 4th quarter valued at about $78,000. Kaizen Financial Strategies purchased a new position in SPDR S&P Health Care Services ETF during the 3rd quarter valued at about $206,000. Finally, Western Wealth Management LLC purchased a new position in SPDR S&P Health Care Services ETF during the 4th quarter valued at about $209,000.

SPDR S&P Health Care Services ETF Company Profile

The SPDR S&P Health Care Services ETF (XHS) is an exchange-traded fund that mostly invests in health care equity. The fund tracks an equal-weighted index of US health care services companies, as defined by GICS. XHS was launched on Sep 28, 2011 and is managed by State Street.