First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Short Interest Up 148.4% in August

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 11,524 shares, a growth of 148.4% from the August 15th total of 4,640 shares. Based on an average trading volume of 2,385 shares, the short-interest ratio is presently 4.8 days. Approximately 5.8% of the company’s shares are short sold.

First Trust Nasdaq Lux Digital Health Solutions ETF Stock Performance

Shares of NASDAQ:EKG traded up $0.65 during mid-day trading on Tuesday, hitting $22.00. 235 shares of the company traded hands, compared to its average volume of 891. The firm has a market cap of $21.98 million, a P/E ratio of 38.88 and a beta of 1.30. First Trust Nasdaq Lux Digital Health Solutions ETF has a 52-week low of $15.71 and a 52-week high of $22.62. The firm’s 50 day simple moving average is $20.63 and its 200 day simple moving average is $18.31.

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.