HCM Defender 500 Index ETF (NYSEARCA:LGH) Shares Shorted: Short Interest Down 95.2% in September

HCM Defender 500 Index ETF (NYSEARCA:LGH) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 98 shares, a decline of 95.2% from the August 31st total of 2,037 shares. Based on an average daily trading volume, of 22,373 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

HCM Defender 500 Index ETF Price Performance

Shares of NYSEARCA:LGH traded up $0.05 during mid-day trading on Thursday, reaching $66.35. 19,586 shares of the company traded hands, compared to its average volume of 26,746. The company’s 50 day moving average price is $65.48 and its 200-day moving average price is $62.90. The firm has a market cap of $597.15 million, a PE ratio of 26.72 and a beta of 0.96. HCM Defender 500 Index ETF has a 52 week low of $56.12 and a 52 week high of $67.59.

HCM Defender 500 Index ETF Company Profile

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.