HCM Defender 500 Index ETF (NYSEARCA:LGH) Sees Significant Drop in Short Interest

HCM Defender 500 Index ETF (NYSEARCA:LGH – Get Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 98 shares, a drop of 95.2% from the August 31st total of 2,037 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 22,373 shares, the short-interest ratio is currently 0.0 days.

HCM Defender 500 Index ETF Trading Up 0.7%

LGH traded up $0.45 on Friday, hitting $66.80. 28,468 shares of the company’s stock were exchanged, compared to its average volume of 26,755. HCM Defender 500 Index ETF has a fifty-two week low of $56.12 and a fifty-two week high of $67.59. The stock has a market cap of $601.20 million, a price-to-earnings ratio of 26.72 and a beta of 0.96. The firm has a 50-day moving average price of $65.55 and a 200-day moving average price of $62.93.

HCM Defender 500 Index ETF Company Profile

(Get Free Report)

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.

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