HCM Defender 100 Index ETF (NYSEARCA:QQH) Sees Large Increase in Short Interest

HCM Defender 100 Index ETF (NYSEARCA:QQHGet Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 21,692 shares, an increase of 329.2% from the July 15th total of 5,054 shares. Based on an average daily volume of 65,455 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

HCM Defender 100 Index ETF Price Performance

NYSEARCA:QQH traded up $0.58 during mid-day trading on Wednesday, hitting $85.03. The company’s stock had a trading volume of 31,098 shares, compared to its average volume of 64,582. HCM Defender 100 Index ETF has a 1 year low of $68.57 and a 1 year high of $89.64. The stock has a market cap of $761.02 million, a price-to-earnings ratio of 34.63 and a beta of 1.14. The business’s fifty day moving average is $83.25 and its two-hundred day moving average is $78.95.

About HCM Defender 100 Index ETF

(Get Free Report)

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.

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