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

Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 500 shares, a drop of 79.2% from the December 15th total of 2,400 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is currently 0.1 days.

NASDAQ:PSCH opened at $165.41 on Friday. The company has a 50-day moving average of $177.47 and a 200-day moving average of $183.21. Invesco S&P SmallCap Health Care ETF has a twelve month low of $161.90 and a twelve month high of $199.88.

A number of hedge funds have recently added to or reduced their stakes in PSCH. Envestnet Asset Management Inc. boosted its holdings in Invesco S&P SmallCap Health Care ETF by 13.2% during the second quarter. Envestnet Asset Management Inc. now owns 14,493 shares of the company’s stock worth $2,808,000 after buying an additional 1,694 shares in the last quarter. Citigroup Inc. acquired a new position in shares of Invesco S&P SmallCap Health Care ETF in the 2nd quarter worth $42,000. Atria Investments LLC raised its position in shares of Invesco S&P SmallCap Health Care ETF by 3.6% during the second quarter. Atria Investments LLC now owns 10,637 shares of the company’s stock worth $2,061,000 after purchasing an additional 374 shares during the period. Susquehanna International Group LLP lifted its holdings in shares of Invesco S&P SmallCap Health Care ETF by 12.8% during the second quarter. Susquehanna International Group LLP now owns 9,853 shares of the company’s stock valued at $1,911,000 after purchasing an additional 1,120 shares during the last quarter. Finally, Equitable Holdings Inc. boosted its position in shares of Invesco S&P SmallCap Health Care ETF by 2.7% in the 2nd quarter. Equitable Holdings Inc. now owns 4,017 shares of the company’s stock valued at $778,000 after purchasing an additional 105 shares during the period.

About Invesco S&P SmallCap Health Care ETF

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.

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