HCM Defender 100 Index ETF (NYSEARCA:QQH) Stock Short Interest Declines 91.0%

HCM Defender 100 Index ETF (NYSEARCA:QQH) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 1,008 shares, a drop of 91.0% from the September 30th total of 11,153 shares. Based on an average daily volume of 29,760 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

HCM Defender 100 Index ETF Price Performance

Shares of QQH traded up $1.14 on Monday, reaching $83.69. 28,583 shares of the stock traded hands, compared to its average volume of 58,901. The stock’s 50-day moving average price is $85.54 and its 200-day moving average price is $80.60. The firm has a market cap of $740.66 million, a price-to-earnings ratio of 34.63 and a beta of 1.12. HCM Defender 100 Index ETF has a 12 month low of $68.57 and a 12 month high of $91.04.

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.