Short Interest in SWP Growth & Income ETF (NASDAQ:SWP) Declines By 93.3%

SWP Growth & Income ETF (NASDAQ:SWP) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,062 shares, a decline of 93.3% from the April 15th total of 15,943 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 20,351 shares, the days-to-cover ratio is currently 0.1 days.

SWP Growth & Income ETF Stock Performance

Shares of NASDAQ:SWP traded down $0.11 during midday trading on Wednesday, reaching $28.34. 4,846 shares of the company’s stock were exchanged, compared to its average volume of 14,484. The company’s 50 day simple moving average is $27.81 and its two-hundred day simple moving average is $28.28. SWP Growth & Income ETF has a 12 month low of $24.45 and a 12 month high of $29.87. The firm has a market capitalization of $147.08 million, a PE ratio of 26.16 and a beta of 0.90.

SWP Growth & Income ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were issued a dividend of $0.6332 per share. This represents a $2.53 dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend was Monday, March 30th.

Institutional Investors Weigh In On SWP Growth & Income ETF

An institutional investor recently raised its position in SWP Growth & Income ETF stock. Brian Low Financial Group LLC increased its stake in shares of SWP Growth & Income ETF (NASDAQ:SWP) by 7.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 708,588 shares of the company’s stock after buying an additional 50,916 shares during the quarter. SWP Growth & Income ETF accounts for about 12.8% of Brian Low Financial Group LLC’s investment portfolio, making the stock its largest position. Brian Low Financial Group LLC owned 13.81% of SWP Growth & Income ETF worth $18,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

SWP Growth & Income ETF Company Profile

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.