Horizon Kinetics Medical ETF (NASDAQ:MEDX) Short Interest Update

Horizon Kinetics Medical ETF (NASDAQ:MEDX) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 3,597 shares, a growth of 48.8% from the February 26th total of 2,418 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 4,224 shares, the short-interest ratio is presently 0.9 days.

Horizon Kinetics Medical ETF Price Performance

Shares of Horizon Kinetics Medical ETF stock traded down $0.49 during trading on Friday, hitting $32.12. 951 shares of the company’s stock traded hands, compared to its average volume of 2,321. The company has a market cap of $18.31 million, a PE ratio of 19.02 and a beta of 0.62. The firm’s fifty day moving average price is $33.89 and its 200 day moving average price is $32.75. Horizon Kinetics Medical ETF has a twelve month low of $23.46 and a twelve month high of $35.46.

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.