AAM Sawgrass US Large Cap Quality Growth ETF (NYSEARCA:SAWG) Sees Significant Decline in Short Interest

AAM Sawgrass US Large Cap Quality Growth ETF (NYSEARCA:SAWG) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 134 shares, a decrease of 89.7% from the May 14th total of 1,297 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,016 shares, the days-to-cover ratio is presently 0.1 days.

AAM Sawgrass US Large Cap Quality Growth ETF Stock Performance

NYSEARCA SAWG traded up $0.03 during trading on Tuesday, hitting $23.62. 254 shares of the company’s stock traded hands, compared to its average volume of 364. The stock has a market capitalization of $2.60 million, a price-to-earnings ratio of 31.14 and a beta of 0.97. AAM Sawgrass US Large Cap Quality Growth ETF has a 12-month low of $19.68 and a 12-month high of $24.25. The business has a 50 day moving average of $22.92 and a 200-day moving average of $22.30.

About AAM Sawgrass US Large Cap Quality Growth ETF

The AAM Sawgrass US Large Cap Quality Growth ETF (SAWG) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a narrow portfolio of US large-cap growth stocks, using quantitative and qualitative analysis for stock selection. The fund seeks risk-adjusted returns for long-term capital appreciation. SAWG was launched on Jul 30, 2024 and is issued by Advisors Asset Management.