HCM Defender 500 Index ETF (NYSEARCA:LGH) Short Interest Update

HCM Defender 500 Index ETF (NYSEARCA:LGH) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,037 shares, a drop of 86.2% from the August 15th total of 14,745 shares. Based on an average daily volume of 22,790 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

HCM Defender 500 Index ETF Stock Performance

NYSEARCA:LGH opened at $65.75 on Friday. The company has a market capitalization of $591.75 million, a price-to-earnings ratio of 26.72 and a beta of 0.96. HCM Defender 500 Index ETF has a one year low of $56.12 and a one year high of $67.59. The stock has a 50-day simple moving average of $65.22 and a 200 day simple moving average of $62.61.

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.