HCM Defender 100 Index ETF (NYSEARCA:QQH) Short Interest Update

HCM Defender 100 Index ETF (NYSEARCA:QQH) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 37,562 shares, a growth of 107.3% from the May 31st total of 18,117 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 83,598 shares, the days-to-cover ratio is currently 0.4 days.

HCM Defender 100 Index ETF Trading Up 1.5%

Shares of NYSEARCA:QQH traded up $1.24 on Tuesday, reaching $85.04. The company had a trading volume of 62,338 shares, compared to its average volume of 59,641. The firm has a market capitalization of $769.61 million, a PE ratio of 34.63 and a beta of 1.14. HCM Defender 100 Index ETF has a 52-week low of $66.43 and a 52-week high of $89.64. The firm’s 50 day simple moving average is $82.79 and its 200-day simple moving average is $77.93.

HCM Defender 100 Index ETF Company Profile

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.