HCM Defender 500 Index ETF (NYSEARCA:LGH) Short Interest Down 95.4% in February

HCM Defender 500 Index ETF (NYSEARCA:LGH) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 546 shares, a decline of 95.4% from the January 29th total of 11,829 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 46,028 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 46,028 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of HCM Defender 500 Index ETF

A hedge fund recently raised its stake in HCM Defender 500 Index ETF stock. IFP Advisors Inc boosted its holdings in HCM Defender 500 Index ETF (NYSEARCA:LGH) by 1.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,534 shares of the company’s stock after buying an additional 322 shares during the quarter. IFP Advisors Inc owned 0.28% of HCM Defender 500 Index ETF worth $1,542,000 as of its most recent SEC filing.

HCM Defender 500 Index ETF Trading Up 0.1%

NYSEARCA LGH traded up $0.04 during trading hours on Thursday, reaching $62.56. 23,633 shares of the company traded hands, compared to its average volume of 30,282. HCM Defender 500 Index ETF has a 12 month low of $44.26 and a 12 month high of $63.53. The stock has a market capitalization of $581.81 million, a PE ratio of 26.72 and a beta of 1.04. The company has a 50 day moving average of $62.31 and a two-hundred day moving average of $60.91.

HCM Defender 500 Index ETF Announces Dividend

The firm also recently disclosed 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 yield of 39.0%.

HCM Defender 500 Index ETF Company Profile

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.