PowerShares Exchange-Traded Fund Trust II (SPLV) Sees Large Decline in Short Interest

PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) saw a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 5,074,075 shares, a drop of 69.3% from the January 12th total of 16,506,936 shares. Based on an average daily volume of 1,570,811 shares, the short-interest ratio is presently 3.2 days.

A number of hedge funds have recently modified their holdings of the stock. MCF Advisors LLC grew its position in PowerShares Exchange-Traded Fund Trust II by 30.8% during the 4th quarter. MCF Advisors LLC now owns 6,629 shares of the company’s stock worth $316,000 after acquiring an additional 1,562 shares during the last quarter. Landaas & Co. WI ADV grew its position in PowerShares Exchange-Traded Fund Trust II by 8.5% during the 4th quarter. Landaas & Co. WI ADV now owns 22,180 shares of the company’s stock worth $1,059,000 after acquiring an additional 1,744 shares during the last quarter. San Francisco Sentry Investment Group CA grew its position in PowerShares Exchange-Traded Fund Trust II by 156.1% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 2,945 shares of the company’s stock worth $141,000 after acquiring an additional 1,795 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in PowerShares Exchange-Traded Fund Trust II by 3.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 55,131 shares of the company’s stock worth $2,632,000 after acquiring an additional 2,092 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in PowerShares Exchange-Traded Fund Trust II by 0.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 345,470 shares of the company’s stock worth $16,493,000 after acquiring an additional 2,233 shares during the last quarter.

PowerShares Exchange-Traded Fund Trust II (SPLV) opened at $46.11 on Tuesday. PowerShares Exchange-Traded Fund Trust II has a 52 week low of $42.26 and a 52 week high of $49.36.

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