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

SWP Growth & Income ETF (NASDAQ:SWP) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 18,926 shares, an increase of 942.8% from the May 31st total of 1,815 shares. Based on an average daily volume of 6,568 shares, the days-to-cover ratio is currently 2.9 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SWP Growth & Income ETF stock. Brian Low Financial Group LLC lifted its position in SWP Growth & Income ETF (NASDAQ:SWP) by 7.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 708,588 shares of the company’s stock after acquiring an additional 50,916 shares during the quarter. SWP Growth & Income ETF accounts for approximately 12.8% of Brian Low Financial Group LLC’s holdings, making the stock its largest position. Brian Low Financial Group LLC owned 13.81% of SWP Growth & Income ETF worth $18,849,000 at the end of the most recent quarter.

SWP Growth & Income ETF Stock Down 0.5%

SWP stock opened at $28.28 on Friday. The stock’s 50 day moving average is $28.63 and its two-hundred day moving average is $28.38. SWP Growth & Income ETF has a 52-week low of $25.73 and a 52-week high of $29.87. The company has a market capitalization of $146.77 million, a PE ratio of 26.16 and a beta of 0.86.

About SWP Growth & Income ETF

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.