First Trust Nasdaq Lux Digital Health Solutions ETF Price & Performance (EKG)

The First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) experienced a notable drop in short interest in February, falling by 13.3% to 1,300 shares. This shift, combined with its average daily trading volume, results in a short-interest ratio of 1.1 days, reflecting reduced bearish sentiment in the stock.1

Technical analysis for the First Trust Nasdaq Lux Digital Health Solutions ETF indicates potential short opportunities near $16.35 and $16.97 resistance levels. However, breakouts above these points could trigger buy signals. Analysts suggest being cautious, as the stock lacks clear support levels, making it a risky play for investors.2