First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Short Interest Update

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 200 shares, a drop of 84.6% from the February 28th total of 1,300 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

First Trust Nasdaq Lux Digital Health Solutions ETF Stock Performance

Shares of EKG traded down $0.38 during trading hours on Thursday, hitting $16.13. 3 shares of the company were exchanged, compared to its average volume of 593. The firm’s 50 day moving average is $17.56 and its 200-day moving average is $17.34. First Trust Nasdaq Lux Digital Health Solutions ETF has a 52 week low of $15.23 and a 52 week high of $18.84. The company has a market cap of $2.42 million, a PE ratio of 41.02 and a beta of 1.59.

Institutional Investors Weigh In On First Trust Nasdaq Lux Digital Health Solutions ETF

A hedge fund recently raised its stake in First Trust Nasdaq Lux Digital Health Solutions ETF stock. SRS Capital Advisors Inc. lifted its position in First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) by 6.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,247 shares of the company’s stock after buying an additional 2,475 shares during the quarter. SRS Capital Advisors Inc. owned about 25.50% of First Trust Nasdaq Lux Digital Health Solutions ETF worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

About First Trust Nasdaq Lux Digital Health Solutions ETF

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.