HCM Defender 500 Index ETF (NYSEARCA:LGH) Sees Large Decrease in Short Interest

HCM Defender 500 Index ETF (NYSEARCA:LGH) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 2,037 shares, a decrease of 86.2% from the August 15th total of 14,745 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 22,790 shares, the short-interest ratio is currently 0.1 days.

HCM Defender 500 Index ETF Stock Up 1.3%

HCM Defender 500 Index ETF stock traded up $0.85 during mid-day trading on Friday, reaching $65.83. 10,294 shares of the company’s stock were exchanged, compared to its average volume of 27,301. The business’s fifty day simple moving average is $65.18 and its 200 day simple moving average is $62.59. The firm has a market capitalization of $592.50 million, a PE ratio of 26.72 and a beta of 0.96. HCM Defender 500 Index ETF has a one year low of $56.12 and a one year high of $67.59.

HCM Defender 500 Index ETF Company Profile

The HCM Defender 500 Index ETF (LGH) is an exchange-traded fund that is based on the HCM Defender 500 index. The fund tracks a proprietary index that toggles between US large-cap stocks and Treasurys, or a combination of both, depending on risk in the US equity market. LGH was launched on Oct 10, 2019 and is managed by HCM.