HCM Defender 500 Index ETF (NYSEARCA:LGH – Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,858 shares, an increase of 240.3% from the February 12th total of 546 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 20,974 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 20,974 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Institutional Investors Weigh In On HCM Defender 500 Index ETF
A hedge fund recently raised its stake in HCM Defender 500 Index ETF stock. IFP Advisors Inc lifted its position in shares of HCM Defender 500 Index ETF (NYSEARCA:LGH – Free Report) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,534 shares of the company’s stock after acquiring an additional 322 shares during the period. IFP Advisors Inc owned approximately 0.28% of HCM Defender 500 Index ETF worth $1,542,000 as of its most recent filing with the Securities & Exchange Commission.
HCM Defender 500 Index ETF Stock Down 2.0%
Shares of NYSEARCA LGH traded down $1.23 on Thursday, reaching $59.21. 36,925 shares of the company’s stock traded hands, compared to its average volume of 31,848. The business’s 50 day simple moving average is $61.98 and its two-hundred day simple moving average is $61.17. HCM Defender 500 Index ETF has a 12 month low of $44.26 and a 12 month high of $63.53. The company has a market cap of $550.65 million, a price-to-earnings ratio of 26.72 and a beta of 1.04.
HCM Defender 500 Index ETF Dividend Announcement
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.
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