Short Interest in Horizon Kinetics Medical ETF (NASDAQ:MEDX) Grows By 75.0%

Horizon Kinetics Medical ETF (NASDAQ:MEDX) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 329 shares, a growth of 75.0% from the January 15th total of 188 shares. Based on an average trading volume of 3,953 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 3,953 shares, the days-to-cover ratio is presently 0.1 days.

Horizon Kinetics Medical ETF Trading Up 1.3%

NASDAQ:MEDX traded up $0.47 on Friday, hitting $34.92. 2,796 shares of the stock were exchanged, compared to its average volume of 2,053. The stock has a fifty day moving average of $33.60 and a 200-day moving average of $31.52. The stock has a market cap of $19.90 million, a PE ratio of 19.02 and a beta of 0.62. Horizon Kinetics Medical ETF has a fifty-two week low of $23.46 and a fifty-two week high of $35.00.

Horizon Kinetics Medical ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.4088 per share. This represents a yield of 122.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

About Horizon Kinetics Medical ETF

The Horizon Kinetics Medical ETF (MEDX) is an exchange-traded fund that mostly invests in health care equity. The fund actively invests in global companies within the broad health care sector. Stock selection and weighting emphasizes those invested in cancer research and pharmaceutical developments. MEDX was launched on Jan 27, 2023 and is managed by Horizon Kinetics.