HCM Defender 500 Index ETF (NYSEARCA:LGH) Short Interest Down 70.5% in December

HCM Defender 500 Index ETF (NYSEARCA:LGHGet Free Report) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,125 shares, a decrease of 70.5% from the November 30th total of 3,819 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 26,976 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 26,976 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On HCM Defender 500 Index ETF

An institutional investor recently raised its position in HCM Defender 500 Index ETF stock. IFP Advisors Inc grew its holdings in HCM Defender 500 Index ETF (NYSEARCA:LGHFree Report) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,534 shares of the company’s stock after acquiring an additional 322 shares during the period. IFP Advisors Inc owned about 0.28% of HCM Defender 500 Index ETF worth $1,542,000 as of its most recent filing with the Securities & Exchange Commission.

HCM Defender 500 Index ETF Trading Up 0.4%

NYSEARCA LGH opened at $63.06 on Thursday. HCM Defender 500 Index ETF has a 12 month low of $44.26 and a 12 month high of $63.42. The stock has a market cap of $583.31 million, a price-to-earnings ratio of 26.72 and a beta of 1.04. The company’s 50 day moving average is $61.62 and its two-hundred day moving average is $58.45.

HCM Defender 500 Index ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Monday, December 22nd. Investors of record on Tuesday, December 16th were paid a dividend of $0.2373 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 39.0%.

About HCM Defender 500 Index ETF

(Get Free Report)

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.

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