HCM Defender 100 Index ETF (NYSEARCA:QQH) Sees Large Drop in Short Interest

HCM Defender 100 Index ETF (NYSEARCA:QQH) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,008 shares, a drop of 91.0% from the September 30th total of 11,153 shares. Based on an average trading volume of 29,760 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

HCM Defender 100 Index ETF Stock Performance

Shares of QQH traded up $0.48 during mid-day trading on Wednesday, reaching $85.50. The stock had a trading volume of 41,371 shares, compared to its average volume of 58,596. The business has a fifty day moving average of $85.48 and a 200 day moving average of $80.65. The firm has a market cap of $756.67 million, a price-to-earnings ratio of 34.63 and a beta of 1.12. HCM Defender 100 Index ETF has a 12 month low of $68.57 and a 12 month high of $91.04.

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.