Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Sees Significant Decrease in Short Interest

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 47,876 shares, a decline of 39.8% from the September 30th total of 79,560 shares. Based on an average daily trading volume, of 49,242 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the shares of the stock are short sold.

Swan Hedged Equity US Large Cap ETF Stock Performance

Swan Hedged Equity US Large Cap ETF stock opened at $26.65 on Monday. Swan Hedged Equity US Large Cap ETF has a fifty-two week low of $24.39 and a fifty-two week high of $27.47. The stock has a market cap of $483.96 million, a P/E ratio of 25.32 and a beta of 0.55. The firm’s fifty day moving average price is $26.98 and its 200-day moving average price is $26.26.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

An institutional investor recently raised its position in Swan Hedged Equity US Large Cap ETF stock. EverSource Wealth Advisors LLC lifted its position in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 28.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,446 shares of the company’s stock after purchasing an additional 4,119 shares during the quarter. EverSource Wealth Advisors LLC owned 0.10% of Swan Hedged Equity US Large Cap ETF worth $456,000 at the end of the most recent 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.