Swan Enhanced Dividend Income ETF (BATS:SCLZ) Short Interest Down 43.0% in May

Swan Enhanced Dividend Income ETF (BATS:SCLZ) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 233 shares, a drop of 43.0% from the May 14th total of 409 shares. Based on an average trading volume of 1,057 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Swan Enhanced Dividend Income ETF Trading Up 0.3%

Shares of Swan Enhanced Dividend Income ETF stock opened at $55.67 on Friday. The business has a 50-day moving average price of $55.13 and a two-hundred day moving average price of $54.37. Swan Enhanced Dividend Income ETF has a 1-year low of $50.41 and a 1-year high of $56.53. The company has a market cap of $13.92 million, a P/E ratio of 24.61 and a beta of 0.58.

Institutional Trading of Swan Enhanced Dividend Income ETF

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 2.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,591 shares of the company’s stock after buying an additional 500 shares during the period. Swan Enhanced Dividend Income ETF accounts for approximately 0.0% of Swan Global Investments LLC’s investment portfolio, making the stock its 28th biggest holding. Swan Global Investments LLC owned about 8.43% of Swan Enhanced Dividend Income ETF worth $1,282,000 at the end of the most recent reporting period.

About Swan Enhanced Dividend Income ETF

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.