Langar Global HealthTech ETF (NYSEARCA:LGHT) Sees Significant Increase in Short Interest

Langar Global HealthTech ETF (NYSEARCA:LGHT – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,943 shares, a growth of 3,772.4% from the June 15th total of 76 shares. Based on an average trading volume of 3,050 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.2% of the shares of the company are short sold.

Langar Global HealthTech ETF Price Performance

Shares of LGHT stock traded down $0.11 during midday trading on Friday, hitting $8.72. The company had a trading volume of 1,500 shares, compared to its average volume of 2,803. The stock has a market cap of $2.09 million, a price-to-earnings ratio of 33.43 and a beta of 0.59. The company’s 50 day simple moving average is $8.32 and its 200 day simple moving average is $9.06. Langar Global HealthTech ETF has a 52-week low of $7.94 and a 52-week high of $10.66.

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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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