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

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

HCM Defender 100 Index ETF Trading Down 0.8%

Shares of QQH stock traded down $0.65 on Friday, hitting $84.02. 84,694 shares of the stock were exchanged, compared to its average volume of 62,301. The firm’s 50 day moving average is $83.04 and its two-hundred day moving average is $79.55. HCM Defender 100 Index ETF has a one year low of $68.57 and a one year high of $89.64. The firm has a market capitalization of $751.98 million, a PE ratio of 34.63 and a beta of 1.14.

About HCM Defender 100 Index ETF

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.