Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Stock Short Interest Drops 94.5%

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 2,617 shares, a decline of 94.5% from the October 15th total of 47,876 shares. Based on an average daily volume of 67,236 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Swan Hedged Equity US Large Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of HEGD. Harbour Investments Inc. purchased a new stake in Swan Hedged Equity US Large Cap ETF during the third quarter valued at about $151,000. EverSource Wealth Advisors LLC boosted its holdings in Swan Hedged Equity US Large Cap ETF by 28.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 18,446 shares of the company’s stock worth $456,000 after buying an additional 4,119 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its holdings in Swan Hedged Equity US Large Cap ETF by 1.9% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock worth $3,748,000 after buying an additional 2,872 shares during the period.

Swan Hedged Equity US Large Cap ETF Price Performance

Shares of Swan Hedged Equity US Large Cap ETF stock opened at $26.45 on Wednesday. The stock has a fifty day moving average price of $26.90 and a 200-day moving average price of $26.30. The firm has a market cap of $480.33 million, a PE ratio of 25.32 and a beta of 0.55. Swan Hedged Equity US Large Cap ETF has a 1 year low of $24.39 and a 1 year high of $27.47.

Swan Hedged Equity US Large Cap ETF Company Profile

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.