ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Stock Short Interest Report for October

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 2,911 shares, an increase of 300.4% from the September 30th total of 727 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 691 shares, the short-interest ratio is presently 4.2 days.

ProShares S&P 500 EX-Health Care ETF Stock Down 0.6%

Shares of NYSEARCA SPXV traded down $0.53 during trading on Thursday, hitting $83.53. The company had a trading volume of 408 shares, compared to its average volume of 1,087. The firm has a market capitalization of $40.93 million, a price-to-earnings ratio of 26.44 and a beta of 1.06. The stock has a fifty day simple moving average of $83.95 and a two-hundred day simple moving average of $79.82. ProShares S&P 500 EX-Health Care ETF has a fifty-two week low of $69.02 and a fifty-two week high of $85.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Mather Group LLC. acquired a new position in shares of ProShares S&P 500 EX-Health Care ETF during the third quarter valued at approximately $936,000. Adirondack Trust Co. acquired a new stake in shares of ProShares S&P 500 EX-Health Care ETF in the third quarter worth approximately $148,000. Finally, Hoey Investments Inc. purchased a new stake in shares of ProShares S&P 500 EX-Health Care ETF during the third quarter worth approximately $125,000.

ProShares S&P 500 EX-Health Care ETF Company Profile

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.