HCM Defender 500 Index ETF (NYSEARCA:LGH) Short Interest Down 95.4% in February

HCM Defender 500 Index ETF (NYSEARCA:LGH) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 546 shares, a decline of 95.4% from the January 29th total of 11,829 shares. Based on an average daily trading volume, of 46,028 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 46,028 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On HCM Defender 500 Index ETF

An institutional investor recently raised its position in HCM Defender 500 Index ETF stock. IFP Advisors Inc boosted its position in HCM Defender 500 Index ETF (NYSEARCA:LGH) by 1.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,534 shares of the company’s stock after buying an additional 322 shares during the quarter. IFP Advisors Inc owned approximately 0.28% of HCM Defender 500 Index ETF worth $1,542,000 at the end of the most recent quarter.

HCM Defender 500 Index ETF Stock Up 1.3%

Shares of LGH stock traded up $0.78 during mid-day trading on Wednesday, reaching $62.52. The company’s stock had a trading volume of 18,272 shares, compared to its average volume of 30,464. The firm has a market capitalization of $581.44 million, a PE ratio of 26.72 and a beta of 1.04. The company’s 50 day simple moving average is $62.31 and its 200-day simple moving average is $60.91. HCM Defender 500 Index ETF has a 12-month low of $44.26 and a 12-month high of $63.53.

HCM Defender 500 Index ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Tuesday, December 16th were given a $0.2373 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 39.0%.

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.