Swan Enhanced Dividend Income ETF (BATS:SCLZ) Sees Large Decrease in Short Interest

Swan Enhanced Dividend Income ETF (BATS:SCLZ) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 897 shares, a decline of 63.8% from the July 15th total of 2,478 shares. Based on an average daily trading volume, of 1,448 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Swan Enhanced Dividend Income ETF stock. Swan Global Investments LLC increased its position in Swan Enhanced Dividend Income ETF (BATS:SCLZ) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,191 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Swan Enhanced Dividend Income ETF makes up about 0.0% of Swan Global Investments LLC’s investment portfolio, making the stock its 27th largest holding. Swan Global Investments LLC owned about 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 Price Performance

SCLZ stock opened at $57.15 on Friday. Swan Enhanced Dividend Income ETF has a 1 year low of $50.41 and a 1 year high of $57.21. The firm has a 50-day moving average of $55.96 and a 200 day moving average of $54.81. The company has a market cap of $14.29 million, a P/E ratio of 24.61 and a beta of 0.58.

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.