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

HCM Defender 100 Index ETF (NYSEARCA:QQH) was the recipient of a large decline in short interest during the month of 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. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 44,005 shares, the days-to-cover ratio is presently 0.0 days.

HCM Defender 100 Index ETF Price Performance

Shares of QQH stock traded up $0.66 on Friday, hitting $88.61. The stock had a trading volume of 64,914 shares, compared to its average volume of 61,590. The business has a 50 day moving average of $83.58 and a 200 day moving average of $80.95. The stock has a market cap of $793.06 million, a price-to-earnings ratio of 34.63 and a beta of 1.14. HCM Defender 100 Index ETF has a 12-month low of $68.57 and a 12-month high of $89.64.

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.