Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) Short Interest Update

Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 11,700 shares, a growth of 21.9% from the February 13th total of 9,600 shares. Based on an average daily trading volume, of 13,100 shares, the short-interest ratio is currently 0.9 days. Currently, 0.4% of the shares of the stock are short sold.

Invesco Dorsey Wright Healthcare Momentum ETF Trading Down 2.4 %

Invesco Dorsey Wright Healthcare Momentum ETF stock traded down $0.97 during trading hours on Tuesday, reaching $39.26. 7,085 shares of the stock were exchanged, compared to its average volume of 11,288. The company has a market cap of $115.82 million, a P/E ratio of 8.64 and a beta of 0.85. Invesco Dorsey Wright Healthcare Momentum ETF has a twelve month low of $38.02 and a twelve month high of $48.63. The stock has a 50 day moving average of $41.63 and a two-hundred day moving average of $43.62.

Institutional Investors Weigh In On Invesco Dorsey Wright Healthcare Momentum ETF

A number of large investors have recently bought and sold shares of the company. IHT Wealth Management LLC grew its stake in Invesco Dorsey Wright Healthcare Momentum ETF by 61.7% during the third quarter. IHT Wealth Management LLC now owns 93,419 shares of the company’s stock worth $4,329,000 after buying an additional 35,650 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 19.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 20,919 shares of the company’s stock valued at $838,000 after purchasing an additional 3,439 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 169.8% in the 4th quarter. Citadel Advisors LLC now owns 19,585 shares of the company’s stock valued at $784,000 after purchasing an additional 12,327 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF in the 4th quarter valued at approximately $700,000. Finally, Prosperity Consulting Group LLC boosted its stake in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 23.0% in the 4th quarter. Prosperity Consulting Group LLC now owns 7,393 shares of the company’s stock valued at $296,000 after purchasing an additional 1,384 shares in the last quarter.

Invesco Dorsey Wright Healthcare Momentum ETF Company Profile

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.