Short Interest in Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) Expands By 22.2%

Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,100 shares, a growth of 22.2% from the November 15th total of 900 shares. Based on an average daily volume of 8,400 shares, the short-interest ratio is currently 0.1 days.

Invesco Dorsey Wright Healthcare Momentum ETF Stock Up 0.8 %

Shares of PTH traded up $0.32 during trading on Monday, reaching $42.02. The company’s stock had a trading volume of 10,820 shares, compared to its average volume of 14,367. Invesco Dorsey Wright Healthcare Momentum ETF has a twelve month low of $37.91 and a twelve month high of $48.63. The company has a market cap of $132.78 million, a price-to-earnings ratio of 9.66 and a beta of 0.85. The company has a fifty day moving average of $45.28 and a two-hundred day moving average of $44.94.

Institutional Trading of Invesco Dorsey Wright Healthcare Momentum ETF

Several institutional investors have recently added to or reduced their stakes in PTH. IHT Wealth Management LLC lifted its holdings in Invesco Dorsey Wright Healthcare Momentum ETF by 61.7% during the 3rd 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 during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Invesco Dorsey Wright Healthcare Momentum ETF by 1.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 44,433 shares of the company’s stock worth $1,909,000 after purchasing an additional 504 shares during the last quarter. Jaffetilchin Investment Partners LLC acquired a new position in Invesco Dorsey Wright Healthcare Momentum ETF in the third quarter worth $911,000. Cetera Advisors LLC bought a new stake in Invesco Dorsey Wright Healthcare Momentum ETF during the first quarter valued at $300,000. Finally, Asset Allocation Strategies LLC raised its holdings in shares of Invesco Dorsey Wright Healthcare Momentum ETF by 11.4% during the second quarter. Asset Allocation Strategies LLC now owns 6,597 shares of the company’s stock worth $284,000 after purchasing an additional 675 shares during the period.

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.