Short Interest in Langar Global HealthTech ETF (NYSEARCA:LGHT) Drops By 50.3%

Langar Global HealthTech ETF (NYSEARCA:LGHT) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 76 shares, a drop of 50.3% from the May 31st total of 153 shares. Based on an average daily volume of 2,448 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Langar Global HealthTech ETF Stock Performance

Shares of LGHT stock traded down $0.09 during trading hours on Tuesday, reaching $8.53. The company had a trading volume of 11,869 shares, compared to its average volume of 2,894. Langar Global HealthTech ETF has a 12-month low of $7.94 and a 12-month high of $10.66. The company has a market capitalization of $2.47 million, a price-to-earnings ratio of 33.43 and a beta of 0.64. The stock has a fifty day moving average of $8.29 and a 200-day moving average of $9.12.

Langar Global HealthTech ETF Company Profile

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.