iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) Short Interest Up 168.0% in December

iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 382,043 shares, an increase of 168.0% from the November 30th total of 142,561 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average daily volume of 208,220 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 208,220 shares, the short-interest ratio is presently 1.8 days. Approximately 2.4% of the company’s shares are sold short.

iShares U.S. Healthcare Providers ETF Stock Up 0.7%

Shares of IHF stock opened at $48.32 on Friday. iShares U.S. Healthcare Providers ETF has a 12-month low of $40.57 and a 12-month high of $54.93. The firm has a market capitalization of $770.70 million, a price-to-earnings ratio of 15.41 and a beta of 0.70. The firm has a fifty day moving average of $48.72 and a 200-day moving average of $47.39.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IHF. Kestra Advisory Services LLC raised its position in shares of iShares U.S. Healthcare Providers ETF by 56.4% during the first quarter. Kestra Advisory Services LLC now owns 30,846 shares of the company’s stock worth $1,629,000 after purchasing an additional 11,125 shares during the period. Federation des caisses Desjardins du Quebec increased its stake in iShares U.S. Healthcare Providers ETF by 11.9% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 152,896 shares of the company’s stock worth $8,073,000 after purchasing an additional 16,212 shares in the last quarter. NewEdge Advisors LLC increased its stake in iShares U.S. Healthcare Providers ETF by 7.1% during the 1st quarter. NewEdge Advisors LLC now owns 10,523 shares of the company’s stock worth $556,000 after purchasing an additional 700 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares U.S. Healthcare Providers ETF by 615.9% during the 1st quarter. Jones Financial Companies Lllp now owns 175,412 shares of the company’s stock worth $9,262,000 after buying an additional 150,909 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in iShares U.S. Healthcare Providers ETF by 6.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 124,536 shares of the company’s stock worth $6,576,000 after buying an additional 7,393 shares during the period.

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.