HCM Defender 100 Index ETF (NYSEARCA:QQH) Sees Significant Drop in Short Interest

HCM Defender 100 Index ETF (NYSEARCA:QQH) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 825 shares, a decline of 92.2% from the August 31st total of 10,620 shares. Based on an average trading volume of 44,005 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

HCM Defender 100 Index ETF Stock Up 0.1%

Shares of NYSEARCA QQH traded up $0.07 during trading on Thursday, reaching $87.95. The company had a trading volume of 179,348 shares, compared to its average volume of 60,673. HCM Defender 100 Index ETF has a 12-month low of $68.57 and a 12-month high of $89.64. The business’s 50-day moving average is $83.44 and its 200 day moving average is $80.90. The stock has a market cap of $787.15 million, a PE ratio of 34.63 and a beta of 1.14.

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.