Langar Global HealthTech ETF (NYSEARCA:LGHT) Short Interest Up 3,772.4% in June

Langar Global HealthTech ETF (NYSEARCA:LGHT) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,943 shares, a growth of 3,772.4% from the June 15th total of 76 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 3,050 shares, the short-interest ratio is currently 1.0 days.

Langar Global HealthTech ETF Stock Performance

Shares of NYSEARCA:LGHT traded down $0.11 during trading hours on Friday, hitting $8.72. The stock had a trading volume of 1,500 shares, compared to its average volume of 2,803. The stock’s fifty day simple moving average is $8.32 and its 200 day simple moving average is $9.06. Langar Global HealthTech ETF has a 1-year low of $7.94 and a 1-year high of $10.66. The firm has a market capitalization of $2.09 million, a price-to-earnings ratio of 33.43 and a beta of 0.59.

About Langar Global HealthTech ETF

The Langar Global HealthTech ETF (LGHT) is an exchange-traded fund that mostly invests in health care equity. The fund seeks long-term capital growth from an actively managed portfolio of healthcare technology companies worldwide. LGHT was launched on Jan 10, 2024 and is issued by Langar.