First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Stock Short Interest Falls 43.8%

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 2,655 shares, a drop of 43.8% from the September 15th total of 4,720 shares. Based on an average trading volume of 19,365 shares, the short-interest ratio is presently 0.1 days. Approximately 0.8% of the shares of the company are short sold.

First Trust Nasdaq Lux Digital Health Solutions ETF Price Performance

EKG traded down $0.70 on Friday, hitting $23.05. The company had a trading volume of 753 shares, compared to its average volume of 2,043. The company’s fifty day moving average price is $22.41 and its 200 day moving average price is $19.34. First Trust Nasdaq Lux Digital Health Solutions ETF has a 1-year low of $15.71 and a 1-year high of $24.53. The stock has a market cap of $9.22 million, a price-to-earnings ratio of 38.88 and a beta of 1.29.

First Trust Nasdaq Lux Digital Health Solutions ETF Company Profile

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.