Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Short Interest Update

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 27,841 shares, a decline of 81.7% from the July 30th total of 152,276 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 71,219 shares, the days-to-cover ratio is currently 0.4 days.

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

A number of hedge funds have recently added to or reduced their stakes in HEGD. JPMorgan Chase & Co. bought a new stake in Swan Hedged Equity US Large Cap ETF during the 2nd quarter worth approximately $1,478,000. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 in the last quarter. Baird Financial Group Inc. boosted its position in shares of 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 valued at $1,721,000 after buying an additional 27,617 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Swan Hedged Equity US Large Cap ETF by 6.7% during the third quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock valued at $355,000 after buying an additional 889 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in Swan Hedged Equity US Large Cap ETF by 14.3% during the third quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock worth $33,437,000 after buying an additional 167,410 shares in the last quarter.

Swan Hedged Equity US Large Cap ETF Stock Up 0.4%

HEGD traded up $0.11 during trading on Thursday, hitting $27.16. 74,292 shares of the company’s stock were exchanged, compared to its average volume of 104,593. The business’s 50 day moving average is $26.81 and its two-hundred day moving average is $26.12. Swan Hedged Equity US Large Cap ETF has a fifty-two week low of $23.91 and a fifty-two week high of $27.47. The stock has a market cap of $493.23 million, a P/E ratio of 25.32 and a beta of 0.55.

Swan Hedged Equity US Large Cap ETF Company Profile

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.