Swan Enhanced Dividend Income ETF (BATS:SCLZ) Short Interest Down 43.0% in May

Swan Enhanced Dividend Income ETF (BATS:SCLZ) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 233 shares, a drop of 43.0% from the May 14th total of 409 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,057 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Swan Enhanced Dividend Income ETF

A hedge fund recently raised its stake in Swan Enhanced Dividend Income ETF stock. Swan Global Investments LLC boosted its holdings in Swan Enhanced Dividend Income ETF (BATS:SCLZ) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,591 shares of the company’s stock after acquiring an additional 500 shares during the quarter. Swan Enhanced Dividend Income ETF accounts for approximately 0.0% of Swan Global Investments LLC’s investment portfolio, making the stock its 28th biggest holding. Swan Global Investments LLC owned 8.43% of Swan Enhanced Dividend Income ETF worth $1,282,000 as of its most recent SEC filing.

Swan Enhanced Dividend Income ETF Price Performance

Shares of SCLZ opened at $55.67 on Friday. The stock has a 50-day moving average of $55.13 and a 200-day moving average of $54.37. The company has a market cap of $13.92 million, a PE ratio of 24.61 and a beta of 0.58. Swan Enhanced Dividend Income ETF has a one year low of $50.41 and a one year high of $56.53.

About Swan Enhanced Dividend Income ETF

The Swan Enhanced Dividend Income ETF (SCLZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total return by investing in dividend-paying large- and mid-cap US stocks while enhancing returns through a covered call-writing options strategy. SCLZ was launched on Feb 26, 2024 and is issued by Swan.