Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Short Interest Up 349.6% in August

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 125,163 shares, a growth of 349.6% from the August 15th total of 27,841 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 60,746 shares, the short-interest ratio is currently 2.1 days.

Swan Hedged Equity US Large Cap ETF Stock Up 0.5%

Shares of BATS HEGD opened at $26.89 on Friday. Swan Hedged Equity US Large Cap ETF has a twelve month low of $24.39 and a twelve month high of $27.47. The stock has a market cap of $488.32 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. The company’s fifty day moving average is $26.91 and its 200-day moving average is $26.25.

Hedge Funds Weigh In On Swan Hedged Equity US Large Cap ETF

Several institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its stake in Swan Hedged Equity US Large Cap ETF by 27.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock worth $185,000 after purchasing an additional 1,689 shares in the last quarter. Mosaic Family Wealth Partners LLC acquired a new stake in shares of Swan Hedged Equity US Large Cap ETF during the fourth quarter worth $230,000. Integrated Wealth Concepts LLC lifted its holdings 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 valued at $355,000 after purchasing an additional 889 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Swan Hedged Equity US Large Cap ETF during the 2nd quarter worth approximately $1,478,000. Finally, Baird Financial Group Inc. boosted its holdings in Swan Hedged Equity US Large Cap ETF by 60.5% during the second quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock worth $1,721,000 after purchasing an additional 27,617 shares during 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.