Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Short Interest Update

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 125,163 shares, an increase of 349.6% from the August 15th total of 27,841 shares. Based on an average trading volume of 60,746 shares, the short-interest ratio is currently 2.1 days. Approximately 0.7% of the company’s shares are short sold.

Institutional Trading of Swan Hedged Equity US Large Cap ETF

A number of institutional investors have recently made changes to their positions in HEGD. EverSource Wealth Advisors LLC grew its holdings in shares of Swan Hedged Equity US Large Cap ETF by 27.3% in the second quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock worth $185,000 after purchasing an additional 1,689 shares during the last quarter. Mosaic Family Wealth Partners LLC bought a new stake in Swan Hedged Equity US Large Cap ETF during the 4th quarter valued at $230,000. Integrated Wealth Concepts LLC raised its holdings in Swan Hedged Equity US Large Cap ETF by 6.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock valued at $355,000 after buying an additional 889 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Swan Hedged Equity US Large Cap ETF during the 2nd quarter valued at $1,478,000. Finally, Baird Financial Group Inc. boosted its position in Swan Hedged Equity US Large Cap ETF by 60.5% during the 2nd quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock valued at $1,721,000 after buying an additional 27,617 shares during the period.

Swan Hedged Equity US Large Cap ETF Price Performance

HEGD opened at $26.75 on Friday. The stock’s 50 day simple moving average is $26.91 and its 200 day simple moving average is $26.25. Swan Hedged Equity US Large Cap ETF has a 1 year low of $24.39 and a 1 year high of $27.47. The firm has a market cap of $485.78 million, a price-to-earnings ratio of 25.32 and a beta of 0.55.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.