Short Interest in HCM Defender 100 Index ETF (NYSEARCA:QQH) Drops By 44.9%

HCM Defender 100 Index ETF (NYSEARCA:QQH) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 11,955 shares, a drop of 44.9% from the July 30th total of 21,692 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 50,976 shares, the short-interest ratio is currently 0.2 days.

HCM Defender 100 Index ETF Stock Performance

HCM Defender 100 Index ETF stock traded down $0.65 during mid-day trading on Friday, reaching $84.02. The company’s stock had a trading volume of 84,694 shares, compared to its average volume of 62,301. HCM Defender 100 Index ETF has a 12-month low of $68.57 and a 12-month high of $89.64. The company has a market capitalization of $751.98 million, a P/E ratio of 34.63 and a beta of 1.14. The firm’s fifty day moving average price is $83.04 and its two-hundred day moving average price is $79.55.

HCM Defender 100 Index ETF Company Profile

The HCM Defender 100 Index ETF (QQH) is an exchange-traded fund that is based on the HCM Defender 100 index. The fund tracks a proprietary index that toggles between technology stocks and Treasurys, or a combination of both, depending on risk in the U.S. equity market. QQH was launched on Oct 10, 2019 and is managed by HCM.