Langar Global HealthTech ETF (NYSEARCA:LGHT) Sees Large Decline in Short Interest

Langar Global HealthTech ETF (NYSEARCA:LGHT – Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 153 shares, a decrease of 52.9% from the May 14th total of 325 shares. Based on an average daily volume of 375 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Langar Global HealthTech ETF Trading Up 0.1%

Shares of Langar Global HealthTech ETF stock traded up $0.01 during trading hours on Monday, hitting $8.22. 8,427 shares of the company were exchanged, compared to its average volume of 2,898. Langar Global HealthTech ETF has a 1 year low of $7.94 and a 1 year high of $10.66. The business has a 50-day moving average of $8.38 and a 200-day moving average of $9.25. The stock has a market capitalization of $2.38 million, a price-to-earnings ratio of 33.43 and a beta of 0.64.

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About Langar Global HealthTech ETF

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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.

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