First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Sees Large Decrease in Short Interest

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 4,720 shares, a decline of 59.0% from the August 31st total of 11,524 shares. Based on an average trading volume of 1,490 shares, the short-interest ratio is currently 3.2 days. Currently, 2.4% of the shares of the stock are short sold.

First Trust Nasdaq Lux Digital Health Solutions ETF Price Performance

Shares of NASDAQ:EKG traded down $0.05 during trading on Monday, hitting $23.60. 237 shares of the company’s stock were exchanged, compared to its average volume of 1,107. The business’s 50-day simple moving average is $21.23 and its 200 day simple moving average is $18.65. The company has a market cap of $4.72 million, a price-to-earnings ratio of 38.88 and a beta of 1.30. First Trust Nasdaq Lux Digital Health Solutions ETF has a 52-week low of $15.71 and a 52-week high of $23.70.

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.