HCM Defender 500 Index ETF (NYSEARCA:LGH) Short Interest Update

HCM Defender 500 Index ETF (NYSEARCA:LGH) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,854 shares, an increase of 2,812.2% from the September 15th total of 98 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 23,996 shares, the days-to-cover ratio is presently 0.1 days.

HCM Defender 500 Index ETF Stock Performance

Shares of LGH stock traded up $0.55 during mid-day trading on Friday, reaching $67.57. 20,087 shares of the company’s stock traded hands, compared to its average volume of 26,875. The firm has a 50 day moving average price of $66.18 and a two-hundred day moving average price of $63.43. HCM Defender 500 Index ETF has a 12 month low of $56.12 and a 12 month high of $67.94. The firm has a market capitalization of $604.75 million, a PE ratio of 26.72 and a beta of 0.95.

About HCM Defender 500 Index ETF

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.