Langar Global HealthTech ETF (BATS:LGHT) Sees Significant Growth in Short Interest

Langar Global HealthTech ETF (BATS:LGHT) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,205 shares, a growth of 3,970.6% from the August 15th total of 177 shares. Approximately 3.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,059 shares, the days-to-cover ratio is currently 1.2 days.

Langar Global HealthTech ETF Price Performance

BATS:LGHT opened at $9.74 on Friday. The firm has a 50-day moving average of $9.27 and a 200-day moving average of $8.85. The company has a market cap of $2.24 million, a PE ratio of 33.43 and a beta of 0.63. Langar Global HealthTech ETF has a one year low of $7.94 and a one year high of $11.01.

About Langar Global HealthTech ETF

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.