Soundwatch Hedged Equity ETF (BATS:SHDG) Short Interest Up ∞ in June

Soundwatch Hedged Equity ETF (BATS:SHDG) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 147 shares, a growth of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 11,195 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Soundwatch Hedged Equity ETF

An institutional investor recently bought a new position in Soundwatch Hedged Equity ETF stock. Transcendent Capital Group LLC acquired a new position in Soundwatch Hedged Equity ETF (BATS:SHDG) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,200 shares of the company’s stock, valued at approximately $200,000. Transcendent Capital Group LLC owned 0.12% of Soundwatch Hedged Equity ETF as of its most recent SEC filing.

Soundwatch Hedged Equity ETF Trading Up 0.3%

Shares of BATS SHDG opened at $33.00 on Thursday. Soundwatch Hedged Equity ETF has a 12-month low of $30.02 and a 12-month high of $33.00. The company has a market cap of $172.26 million, a price-to-earnings ratio of 25.08 and a beta of 0.76. The stock’s 50 day simple moving average is $32.59 and its 200 day simple moving average is $32.28.

About Soundwatch Hedged Equity ETF

The Soundwatch Hedged Equity ETF (SHDG) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund is an actively managed fund which seeks to hedge downside US equity market risk and seeks to provide long-term capital appreciation. The fund combines equity exposure with several strategies using derivatives to hedge or generate income. SHDG was launched on Oct 24, 2022 and is managed by SoundWatch Capital.