Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Shorted: Short Interest Down 94.5% in October

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 2,617 shares, a decrease of 94.5% from the October 15th total of 47,876 shares. Based on an average daily volume of 67,236 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Swan Hedged Equity US Large Cap ETF Trading Down 0.5%

Shares of HEGD traded down $0.13 during trading hours on Tuesday, reaching $26.45. The company had a trading volume of 151,846 shares, compared to its average volume of 96,908. The firm has a 50 day simple moving average of $26.92 and a 200-day simple moving average of $26.30. The company has a market capitalization of $480.33 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. Swan Hedged Equity US Large Cap ETF has a 12-month low of $24.39 and a 12-month high of $27.47.

Institutional Trading of Swan Hedged Equity US Large Cap ETF

A number of institutional investors have recently bought and sold shares of HEGD. Harbour Investments Inc. purchased a new position in shares of Swan Hedged Equity US Large Cap ETF in the third quarter valued at $151,000. EverSource Wealth Advisors LLC raised its stake in shares of Swan Hedged Equity US Large Cap ETF by 28.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 18,446 shares of the company’s stock worth $456,000 after buying an additional 4,119 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of Swan Hedged Equity US Large Cap ETF by 1.9% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock worth $3,748,000 after buying an additional 2,872 shares in the last quarter.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.