Horizon Kinetics Medical ETF (NASDAQ:MEDX) Short Interest Update

Horizon Kinetics Medical ETF (NASDAQ:MEDX) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 3,597 shares, a growth of 48.8% from the February 26th total of 2,418 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 4,224 shares, the days-to-cover ratio is presently 0.9 days.

Horizon Kinetics Medical ETF Price Performance

Shares of NASDAQ MEDX opened at $32.12 on Monday. The firm has a market cap of $18.31 million, a PE ratio of 19.02 and a beta of 0.62. The company’s fifty day simple moving average is $33.89 and its 200 day simple moving average is $32.78. Horizon Kinetics Medical ETF has a 12-month low of $23.46 and a 12-month high of $35.46.

Horizon Kinetics Medical ETF Company Profile

The Horizon Kinetics Medical ETF (MEDX) is an exchange-traded fund that mostly invests in health care equity. The fund actively invests in global companies within the broad health care sector. Stock selection and weighting emphasizes those invested in cancer research and pharmaceutical developments. MEDX was launched on Jan 27, 2023 and is managed by Horizon Kinetics.