Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Stock Short Interest Declines 39.8%

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

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

An institutional investor recently raised its stake in Swan Hedged Equity US Large Cap ETF stock. Marshall & Sterling Wealth Advisors Inc. raised its position in shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) by 1.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,741 shares of the company’s stock after acquiring an additional 2,872 shares during the quarter. Swan Hedged Equity US Large Cap ETF makes up about 2.5% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 11th largest holding. Marshall & Sterling Wealth Advisors Inc. owned 0.84% of Swan Hedged Equity US Large Cap ETF worth $3,748,000 at the end of the most recent reporting period.

Swan Hedged Equity US Large Cap ETF Stock Down 0.3%

HEGD stock opened at $26.58 on Tuesday. Swan Hedged Equity US Large Cap ETF has a 52 week low of $24.39 and a 52 week high of $27.47. The firm has a 50-day simple moving average of $26.97 and a 200-day simple moving average of $26.27. The stock has a market capitalization of $482.69 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.