Langar Global HealthTech ETF (NYSEARCA:LGHT) Short Interest Up 3,772.4% in June

Langar Global HealthTech ETF (NYSEARCA:LGHT) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,943 shares, a growth of 3,772.4% from the June 15th total of 76 shares. Based on an average daily volume of 3,050 shares, the short-interest ratio is presently 1.0 days. Approximately 1.2% of the shares of the stock are sold short.

Langar Global HealthTech ETF Stock Performance

LGHT stock traded down $0.11 during trading on Friday, reaching $8.72. 1,500 shares of the company were exchanged, compared to its average volume of 2,803. The stock’s 50 day moving average price is $8.32 and its 200 day moving average price is $9.06. Langar Global HealthTech ETF has a 52-week low of $7.94 and a 52-week high of $10.66. The company has a market cap of $2.09 million, a P/E ratio of 33.43 and a beta of 0.59.

Langar Global HealthTech ETF Company Profile

The Langar Global HealthTech ETF (LGHT) is an exchange-traded fund that mostly invests in health care equity. The fund seeks long-term capital growth from an actively managed portfolio of healthcare technology companies worldwide. LGHT was launched on Jan 10, 2024 and is issued by Langar.