Short Interest in Swan Enhanced Dividend Income ETF (BATS:SCLZ) Increases By 462.7%

Swan Enhanced Dividend Income ETF (BATS:SCLZ) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,311 shares, a growth of 462.7% from the May 31st total of 233 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 1,243 shares, the days-to-cover ratio is currently 1.1 days.

Swan Enhanced Dividend Income ETF Price Performance

Shares of Swan Enhanced Dividend Income ETF stock opened at $55.30 on Friday. Swan Enhanced Dividend Income ETF has a 1 year low of $50.41 and a 1 year high of $56.53. The company has a market capitalization of $13.82 million, a P/E ratio of 24.61 and a beta of 0.58. The business has a 50 day moving average price of $55.64 and a 200 day moving average price of $54.49.

Institutional Trading of Swan Enhanced Dividend Income ETF

An institutional investor recently raised its position in Swan Enhanced Dividend Income ETF stock. Swan Global Investments LLC lifted its stake in shares of Swan Enhanced Dividend Income ETF (BATS:SCLZ) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,191 shares of the company’s stock after acquiring an additional 1,600 shares during the period. Swan Enhanced Dividend Income ETF accounts for approximately 0.0% of Swan Global Investments LLC’s portfolio, making the stock its 27th biggest holding. Swan Global Investments LLC owned 8.40% of Swan Enhanced Dividend Income ETF worth $1,379,000 at the end of the most recent reporting period.

Swan Enhanced Dividend Income ETF Company Profile

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.