HCM Defender 500 Index ETF (NYSEARCA:LGH) Sees Significant Drop in Short Interest

HCM Defender 500 Index ETF (NYSEARCA:LGH – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,677 shares, a decrease of 41.2% from the September 30th total of 2,854 shares. Based on an average daily trading volume, of 19,732 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

HCM Defender 500 Index ETF Trading Down 0.7%

Shares of LGH traded down $0.47 during mid-day trading on Monday, hitting $64.10. 39,585 shares of the company’s stock were exchanged, compared to its average volume of 26,396. HCM Defender 500 Index ETF has a fifty-two week low of $56.12 and a fifty-two week high of $67.97. The business’s 50 day moving average is $66.18 and its two-hundred day moving average is $63.19. The firm has a market capitalization of $573.70 million, a P/E ratio of 26.72 and a beta of 0.95.

HCM Defender 500 Index ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for HCM Defender 500 Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCM Defender 500 Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.