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

Posted by Alanna Baker on Mar 28th, 2025

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG – Get Free Report) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 200 shares, a decline of 84.6% from the February 28th total of 1,300 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.2 days.

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. raised its stake in First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG – Free Report) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,247 shares of the company’s stock after acquiring an additional 2,475 shares during the period. SRS Capital Advisors Inc. owned approximately 25.50% of First Trust Nasdaq Lux Digital Health Solutions ETF worth $649,000 at the end of the most recent quarter.

First Trust Nasdaq Lux Digital Health Solutions ETF Trading Down 3.0 %

NASDAQ EKG traded down $0.48 during trading on Friday, reaching $15.61. The company’s stock had a trading volume of 25 shares, compared to its average volume of 576. The firm has a 50 day moving average price of $17.53 and a 200 day moving average price of $17.33. First Trust Nasdaq Lux Digital Health Solutions ETF has a 12 month low of $15.23 and a 12 month high of $18.84. The firm has a market capitalization of $2.34 million, a price-to-earnings ratio of 41.02 and a beta of 1.59.

About First Trust Nasdaq Lux Digital Health Solutions ETF

(Get Free Report)

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.