Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Short Interest Up 66.4% in July

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 152,276 shares, a growth of 66.4% from the July 15th total of 91,514 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 74,947 shares, the short-interest ratio is presently 2.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its stake in shares of Swan Hedged Equity US Large Cap ETF by 6.7% in the third quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock worth $355,000 after purchasing an additional 889 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Swan Hedged Equity US Large Cap ETF by 27.3% in the second quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock valued at $185,000 after purchasing an additional 1,689 shares during the period. Marshall & Sterling Wealth Advisors Inc. raised its position in Swan Hedged Equity US Large Cap ETF by 1.9% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock worth $3,748,000 after purchasing an additional 2,872 shares during the last quarter. Mosaic Family Wealth Partners LLC bought a new position in Swan Hedged Equity US Large Cap ETF during the 4th quarter worth $230,000. Finally, Vantage Financial Partners LLC raised its position in Swan Hedged Equity US Large Cap ETF by 3.5% during the 4th quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock worth $12,049,000 after purchasing an additional 16,086 shares during the last quarter.

Swan Hedged Equity US Large Cap ETF Trading Down 0.3%

Swan Hedged Equity US Large Cap ETF stock opened at $27.19 on Wednesday. The company has a market capitalization of $493.77 million, a PE ratio of 25.32 and a beta of 0.55. Swan Hedged Equity US Large Cap ETF has a 12 month low of $23.84 and a 12 month high of $27.47. The stock has a 50-day moving average price of $26.75 and a two-hundred day moving average price of $26.06.

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.