AAM Sawgrass US Large Cap Quality Growth ETF (NYSEARCA:SAWG) Sees Large Increase in Short Interest

AAM Sawgrass US Large Cap Quality Growth ETF (NYSEARCA:SAWG) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,297 shares, a growth of 2,988.1% from the April 30th total of 42 shares. Based on an average daily volume of 1,038 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.2% of the shares of the stock are short sold.

AAM Sawgrass US Large Cap Quality Growth ETF Trading Down 0.5%

Shares of SAWG traded down $0.11 during mid-day trading on Wednesday, hitting $24.02. 252 shares of the company traded hands, compared to its average volume of 373. AAM Sawgrass US Large Cap Quality Growth ETF has a one year low of $19.66 and a one year high of $24.13. The business has a 50-day moving average of $22.34 and a 200 day moving average of $22.18. The stock has a market capitalization of $2.64 million, a price-to-earnings ratio of 31.14 and a beta of 0.95.

About AAM Sawgrass US Large Cap Quality Growth ETF

The AAM Sawgrass US Large Cap Quality Growth ETF (SAWG) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a narrow portfolio of US large-cap growth stocks, using quantitative and qualitative analysis for stock selection. The fund seeks risk-adjusted returns for long-term capital appreciation. SAWG was launched on Jul 30, 2024 and is issued by Advisors Asset Management.