HCM Defender 500 Index ETF (NYSEARCA:LGH) Sees Significant Increase in Short Interest

HCM Defender 500 Index ETF (NYSEARCA:LGH) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,854 shares, an increase of 2,812.2% from the September 15th total of 98 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 23,996 shares, the short-interest ratio is presently 0.1 days.

HCM Defender 500 Index ETF Stock Performance

NYSEARCA:LGH opened at $67.57 on Friday. HCM Defender 500 Index ETF has a 1 year low of $56.12 and a 1 year high of $67.94. The stock has a market cap of $604.75 million, a price-to-earnings ratio of 26.72 and a beta of 0.95. The business has a fifty day moving average of $66.26 and a 200-day moving average of $63.45.

About HCM Defender 500 Index ETF

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.