Short Interest in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Expands By 66.4%

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 152,276 shares, a growth of 66.4% from the July 15th total of 91,514 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 74,947 shares, the days-to-cover ratio is currently 2.0 days.

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

Several large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted 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 valued at $185,000 after purchasing an additional 1,689 shares during the last quarter. Mosaic Family Wealth Partners LLC bought a new position in shares of Swan Hedged Equity US Large Cap ETF in the fourth quarter valued at approximately $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. purchased a new position in shares of Swan Hedged Equity US Large Cap ETF during the second quarter valued at approximately $1,478,000. Finally, 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.

Swan Hedged Equity US Large Cap ETF Stock Performance

HEGD opened at $27.34 on Monday. Swan Hedged Equity US Large Cap ETF has a 1-year low of $23.84 and a 1-year high of $27.47. The company has a market cap of $496.49 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. The company’s fifty day moving average price is $26.72 and its two-hundred day moving average price is $26.03.

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.