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

HCM Defender 500 Index ETF (NYSEARCA:LGH) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 13,245 shares, an increase of 80.1% from the July 15th total of 7,354 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 21,168 shares, the days-to-cover ratio is currently 0.6 days.

HCM Defender 500 Index ETF Stock Performance

Shares of HCM Defender 500 Index ETF stock traded down $0.41 on Monday, hitting $66.76. 10,559 shares of the company traded hands, compared to its average volume of 27,731. HCM Defender 500 Index ETF has a 52 week low of $56.12 and a 52 week high of $67.59. The business has a 50-day simple moving average of $64.16 and a 200 day simple moving average of $62.09. The stock has a market capitalization of $600.84 million, a P/E ratio of 26.72 and a beta of 0.96.

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.