SWP Growth & Income ETF (NASDAQ:SWP) Stock Short Interest Report for September

SWP Growth & Income ETF (NASDAQ:SWP) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 10,752 shares, an increase of 88.0% from the September 15th total of 5,718 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,265 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Investors Weigh In On SWP Growth & Income ETF

An institutional investor recently raised its stake 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 13F filing with the Securities and Exchange Commission (SEC). The firm owned 708,588 shares of the company’s stock after purchasing an additional 50,916 shares during the period. SWP Growth & Income ETF comprises about 12.8% of Brian Low Financial Group LLC’s portfolio, making the stock its biggest holding. Brian Low Financial Group LLC owned about 13.81% of SWP Growth & Income ETF worth $18,849,000 at the end of the most recent reporting period.

SWP Growth & Income ETF Stock Performance

Shares of SWP stock opened at $27.34 on Thursday. The stock’s 50-day simple moving average is $28.28 and its 200-day simple moving average is $28.28. The firm has a market capitalization of $144.36 million, a PE ratio of 26.16 and a beta of 0.87. SWP Growth & Income ETF has a fifty-two week low of $25.73 and a fifty-two week high of $29.87.

SWP Growth & Income ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a $0.5713 dividend. The ex-dividend date was Tuesday, September 29th. This is a decrease from SWP Growth & Income ETF’s previous quarterly dividend of $0.6160. This represents a $2.29 dividend on an annualized basis and a dividend yield of 8.4%.

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.