Langar Global HealthTech ETF (BATS:LGHT) Sees Significant Decline in Short Interest

Langar Global HealthTech ETF (BATS:LGHT) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 3,619 shares, a decline of 50.1% from the September 15th total of 7,253 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily volume of 2,172 shares, the days-to-cover ratio is presently 1.7 days.

Langar Global HealthTech ETF Stock Performance

Langar Global HealthTech ETF stock opened at $10.87 on Thursday. The business’s fifty day moving average is $10.07 and its two-hundred day moving average is $9.03. The firm has a market cap of $2.50 million, a P/E ratio of 33.43 and a beta of 0.63. Langar Global HealthTech ETF has a 52 week low of $7.94 and a 52 week high of $11.28.

Langar Global HealthTech ETF Company Profile

The Langar Global HealthTech ETF (LGHT) is an exchange-traded fund that mostly invests in health care equity. The fund seeks long-term capital growth from an actively managed portfolio of healthcare technology companies worldwide. LGHT was launched on Jan 10, 2024 and is issued by Langar.