iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Short Interest Update

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 433,178 shares, a growth of 59.5% from the January 15th total of 271,569 shares. Approximately 2.7% of the shares of the company are sold short. Based on an average trading volume of 534,562 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 534,562 shares, the short-interest ratio is currently 0.8 days. Approximately 2.7% of the shares of the company are sold short.

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

Hedge funds have recently modified their holdings of the company. Harbor Asset Planning Inc. purchased a new position in shares of iShares U.S. Healthcare Providers ETF in the second quarter worth approximately $26,000. O Shaughnessy Asset Management LLC boosted its stake in iShares U.S. Healthcare Providers ETF by 145.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 613 shares of the company’s stock worth $29,000 after purchasing an additional 363 shares during the period. Bank of Montreal Can boosted its stake in iShares U.S. Healthcare Providers ETF by 132.1% in the 2nd quarter. Bank of Montreal Can now owns 615 shares of the company’s stock worth $30,000 after purchasing an additional 350 shares during the period. City State Bank grew its position in iShares U.S. Healthcare Providers ETF by 47.1% during the 3rd quarter. City State Bank now owns 625 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares in the last quarter. Finally, WealthShield Partners LLC acquired a new stake in iShares U.S. Healthcare Providers ETF during the 4th quarter valued at $37,000.

iShares U.S. Healthcare Providers ETF Price Performance

Shares of NYSEARCA IHF traded up $0.76 during midday trading on Friday, reaching $46.29. 286,191 shares of the company traded hands, compared to its average volume of 362,353. iShares U.S. Healthcare Providers ETF has a 52 week low of $40.57 and a 52 week high of $54.93. The company has a market cap of $747.58 million, a price-to-earnings ratio of 15.41 and a beta of 0.70. The stock has a 50-day moving average price of $47.78 and a 200 day moving average price of $47.85.

iShares U.S. Healthcare Providers ETF Company Profile

The iShares U.S. Healthcare Providers ETF (IHF) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a cap-weighted index of US companies that provide healthcare services. IHF was launched on May 1, 2006 and is managed by BlackRock.