Short Interest in HCM Defender 100 Index ETF (NYSEARCA:QQH) Grows By 107.3%

HCM Defender 100 Index ETF (NYSEARCA:QQH) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 37,562 shares, a growth of 107.3% from the May 31st total of 18,117 shares. Based on an average trading volume of 83,598 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are short sold.

HCM Defender 100 Index ETF Price Performance

QQH stock traded down $1.08 during mid-day trading on Wednesday, reaching $84.52. The company had a trading volume of 162,599 shares, compared to its average volume of 60,799. The company has a market capitalization of $764.91 million, a price-to-earnings ratio of 34.63 and a beta of 1.14. HCM Defender 100 Index ETF has a 52 week low of $66.84 and a 52 week high of $89.64. The stock has a 50 day simple moving average of $83.00 and a two-hundred day simple moving average of $77.97.

About HCM Defender 100 Index ETF

The HCM Defender 100 Index ETF (QQH) is an exchange-traded fund that is based on the HCM Defender 100 index. The fund tracks a proprietary index that toggles between technology stocks and Treasurys, or a combination of both, depending on risk in the U.S. equity market. QQH was launched on Oct 10, 2019 and is managed by HCM.