HCM Defender 500 Index ETF (NYSEARCA:LGH – Get Free Report) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,164 shares, a decrease of 82.6% from the May 14th total of 6,685 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 26,317 shares, the short-interest ratio is currently 0.0 days.
Institutional Trading of HCM Defender 500 Index ETF
A hedge fund recently raised its stake in HCM Defender 500 Index ETF stock. IFP Advisors Inc raised its holdings in shares of HCM Defender 500 Index ETF (NYSEARCA:LGH – Free Report) by 1.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,534 shares of the company’s stock after purchasing an additional 322 shares during the period. IFP Advisors Inc owned 0.28% of HCM Defender 500 Index ETF worth $1,542,000 as of its most recent SEC filing.
HCM Defender 500 Index ETF Stock Up 0.6%
Shares of HCM Defender 500 Index ETF stock traded up $0.36 during trading on Friday, reaching $63.12. 44,551 shares of the stock were exchanged, compared to its average volume of 29,121. The stock’s fifty day moving average is $61.47 and its 200 day moving average is $61.45. The firm has a market cap of $577.55 million, a price-to-earnings ratio of 26.72 and a beta of 0.96. HCM Defender 500 Index ETF has a 1 year low of $51.38 and a 1 year high of $65.63.
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.
See Also
- Five stocks we like better than HCM Defender 500 Index ETF
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for HCM Defender 500 Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCM Defender 500 Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
