First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Sees Large Decline in Short Interest

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 3,700 shares, a drop of 5.1% from the December 31st total of 3,900 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 12.3 days.

First Trust Nasdaq Lux Digital Health Solutions ETF Price Performance

Shares of NASDAQ:EKG opened at $18.53 on Tuesday. First Trust Nasdaq Lux Digital Health Solutions ETF has a one year low of $15.23 and a one year high of $18.67. The company has a market cap of $2.78 million, a price-to-earnings ratio of 36.47 and a beta of 1.59. The firm has a fifty day moving average price of $17.81 and a two-hundred day moving average price of $17.02.

First Trust Nasdaq Lux Digital Health Solutions ETF Company Profile

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.