Short Interest in Langar Global HealthTech ETF (NYSEARCA:LGHT) Drops By 33.7%

Langar Global HealthTech ETF (NYSEARCA:LGHT) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,951 shares, a decrease of 33.7% from the June 30th total of 2,943 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 1,004 shares, the days-to-cover ratio is currently 1.9 days.

Langar Global HealthTech ETF Trading Down 1.0%

NYSEARCA LGHT opened at $8.71 on Friday. Langar Global HealthTech ETF has a 12 month low of $7.94 and a 12 month high of $10.66. The company’s 50-day moving average price is $8.42 and its 200-day moving average price is $8.89. The stock has a market cap of $2.09 million, a PE ratio of 33.43 and a beta of 0.59.

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.