HCM Defender 500 Index ETF (NYSEARCA:LGH) Shares Shorted: Short Interest Down 41.2% in October

HCM Defender 500 Index ETF (NYSEARCA:LGH) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 1,677 shares, a drop of 41.2% from the September 30th total of 2,854 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 19,732 shares, the days-to-cover ratio is presently 0.1 days.

HCM Defender 500 Index ETF Stock Down 2.5%

NYSEARCA LGH traded down $1.65 on Friday, hitting $64.57. 30,220 shares of the stock were exchanged, compared to its average volume of 26,333. HCM Defender 500 Index ETF has a fifty-two week low of $56.12 and a fifty-two week high of $67.97. The company has a market cap of $577.90 million, a PE ratio of 26.72 and a beta of 0.95. The company has a 50-day moving average price of $66.18 and a 200-day moving average price of $63.19.

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.