iShares U.S. Healthcare ETF (NYSEARCA:IYH) Stock Short Interest Report for September

iShares U.S. Healthcare ETF (NYSEARCA:IYH – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 986,803 shares, a growth of 111.4% from the September 15th total of 466,735 shares. Based on an average daily volume of 666,284 shares, the short-interest ratio is currently 1.5 days. Approximately 1.8% of the shares of the company are sold short.

iShares U.S. Healthcare ETF Price Performance

Shares of NYSEARCA IYH traded down $0.91 during mid-day trading on Tuesday, reaching $71.64. The company’s stock had a trading volume of 298,737 shares, compared to its average volume of 791,953. iShares U.S. Healthcare ETF has a 52 week low of $59.47 and a 52 week high of $74.59. The stock has a fifty day moving average of $71.56 and a two-hundred day moving average of $66.66. The firm has a market capitalization of $4.02 billion, a PE ratio of 21.05 and a beta of 0.56.

Hedge Funds Weigh In On iShares U.S. Healthcare ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Compass Financial Management LLC purchased a new stake in iShares U.S. Healthcare ETF during the second quarter worth $744,000. Gerald Baker Financial Group LLC purchased a new position in iShares U.S. Healthcare ETF in the first quarter worth $3,539,000. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Healthcare ETF during the second quarter worth $3,297,000. McIlrath & Eck LLC acquired a new stake in iShares U.S. Healthcare ETF in the first quarter worth about $490,000. Finally, Readystate Asset Management LP acquired a new stake in iShares U.S. Healthcare ETF in the 2nd quarter worth approximately $543,000.

About iShares U.S. Healthcare ETF

(Get Free Report)

iShares U.S. Healthcare ETF (the Fund), formerly iShares Dow Jones U.S. Healthcare Sector Index Fund (the Fund) is a non-diversified exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Health Care Index (the Index). The Index measures the performance of the healthcare sector of the United States equity market, and includes companies in the industry groups, such as healthcare equipment and services, pharmaceuticals and biotechnology.

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