Short Interest in PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) Rises By 1,494.8%

PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,570,386 shares, an increase of 1,494.8% from the February 15th total of 286,582 shares. Based on an average daily volume of 1,911,160 shares, the days-to-cover ratio is currently 2.4 days.

Several hedge funds have recently bought and sold shares of the business. Pacific Center for Financial Services raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 1.5% during the fourth quarter. Pacific Center for Financial Services now owns 83,136 shares of the company’s stock worth $3,969,000 after acquiring an additional 1,195 shares in the last quarter. MCF Advisors LLC raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 30.8% during the fourth quarter. MCF Advisors LLC now owns 6,629 shares of the company’s stock worth $316,000 after acquiring an additional 1,562 shares in the last quarter. Landaas & Co. WI ADV raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 8.5% during the fourth 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 in the last quarter. San Francisco Sentry Investment Group CA raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 156.1% during the fourth 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 in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 3.9% during the fourth 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 in the last quarter.

Shares of SPLV stock traded down $0.78 during trading hours on Friday, hitting $46.52. 2,398,036 shares of the company’s stock were exchanged, compared to its average volume of 2,342,340. PowerShares Exchange-Traded Fund Trust II has a 12-month low of $43.19 and a 12-month high of $49.36.

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