SWP Growth & Income ETF (NASDAQ:SWP) Sees Large Increase in Short Interest

SWP Growth & Income ETF (NASDAQ:SWP) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 25,538 shares, an increase of 134.4% from the October 15th total of 10,896 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 11,983 shares, the short-interest ratio is currently 2.1 days.

SWP Growth & Income ETF Trading Down 0.1%

Shares of NASDAQ SWP opened at $27.47 on Friday. The stock has a fifty day simple moving average of $27.62 and a two-hundred day simple moving average of $28.20. SWP Growth & Income ETF has a 1-year low of $25.73 and a 1-year high of $29.87. The firm has a market cap of $146.12 million, a price-to-earnings ratio of 24.49 and a beta of 0.86.

SWP Growth & Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were paid a $0.5713 dividend. This is a decrease from SWP Growth & Income ETF’s previous quarterly dividend of $0.6160. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.29 dividend on an annualized basis and a yield of 8.3%.

SWP Growth & Income ETF Company Profile

The SWP Growth & Income ETF (SWP) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing companies in the US that exhibit quality characteristics. It selects securities of any capitalization but significantly focuses on the large-cap spectrum. SWP was launched on Sep 25, 2024 and is issued by SWP.