First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Short Interest Update

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 9,257 shares, an increase of 97.4% from the April 30th total of 4,689 shares. Based on an average daily volume of 819 shares, the short-interest ratio is presently 11.3 days. Currently, 6.2% of the company’s stock are sold short.

Institutional Investors Weigh In On First Trust Nasdaq Lux Digital Health Solutions ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers purchased a new stake in First Trust Nasdaq Lux Digital Health Solutions ETF in the 2nd quarter valued at $516,000. Jane Street Group LLC raised its position in First Trust Nasdaq Lux Digital Health Solutions ETF by 8.9% in the 1st quarter. Jane Street Group LLC now owns 28,770 shares of the company’s stock valued at $450,000 after buying an additional 2,353 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in First Trust Nasdaq Lux Digital Health Solutions ETF in the 4th quarter valued at $38,000.

First Trust Nasdaq Lux Digital Health Solutions ETF Price Performance

Shares of EKG remained flat at $17.11 during trading hours on Wednesday. The company had a trading volume of 1,034 shares, compared to its average volume of 712. The firm has a market cap of $2.57 million, a P/E ratio of 38.88 and a beta of 1.32. The stock’s 50 day moving average is $16.47 and its 200-day moving average is $17.91. First Trust Nasdaq Lux Digital Health Solutions ETF has a 12 month low of $15.71 and a 12 month high of $20.30.

First Trust Nasdaq Lux Digital Health Solutions ETF Company Profile

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.