HCM Defender 100 Index ETF (NYSEARCA:QQH) Stock Short Interest Climbs 1,153.3%

HCM Defender 100 Index ETF (NYSEARCA:QQH) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 12,633 shares, a growth of 1,153.3% from the October 15th total of 1,008 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 29,391 shares, the short-interest ratio is currently 0.4 days.

HCM Defender 100 Index ETF Price Performance

HCM Defender 100 Index ETF stock traded down $0.42 during mid-day trading on Tuesday, hitting $79.07. The company’s stock had a trading volume of 18,101 shares, compared to its average volume of 57,450. The business has a 50 day moving average price of $84.85 and a 200-day moving average price of $80.78. HCM Defender 100 Index ETF has a 12 month low of $68.57 and a 12 month high of $91.04. The stock has a market cap of $703.72 million, a price-to-earnings ratio of 34.63 and a beta of 1.12.

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.