Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) Short Interest Up 183.9% in April

Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTHGet Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,711 shares, an increase of 183.9% from the March 31st total of 1,307 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 7,787 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Invesco Dorsey Wright Healthcare Momentum ETF

Large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter valued at about $39,000. Godfrey Financial Associates Inc. bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter valued at about $45,000. Sound Income Strategies LLC bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter valued at about $49,000. Sankala Group LLC bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter valued at about $77,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the 3rd quarter valued at about $86,000.

Invesco Dorsey Wright Healthcare Momentum ETF Price Performance

Shares of PTH opened at $52.13 on Friday. The stock has a 50-day moving average of $49.47 and a 200-day moving average of $49.43. The company has a market cap of $125.11 million, a PE ratio of 35.21 and a beta of 0.87. Invesco Dorsey Wright Healthcare Momentum ETF has a one year low of $35.78 and a one year high of $54.47.

Invesco Dorsey Wright Healthcare Momentum ETF Company Profile

(Get Free Report)

PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.

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