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

Soundwatch Hedged Equity ETF (BATS:SHDG) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 147 shares, an increase of ? from the June 15th total of 0 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 11,195 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Soundwatch Hedged Equity ETF

An institutional investor recently bought a new position in Soundwatch Hedged Equity ETF stock. Crestwood Advisors Group LLC purchased a new position in Soundwatch Hedged Equity ETF (BATS:SHDG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,138 shares of the company’s stock, valued at approximately $360,000. Crestwood Advisors Group LLC owned about 0.21% of Soundwatch Hedged Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Soundwatch Hedged Equity ETF Trading Up 0.3%

Shares of Soundwatch Hedged Equity ETF stock opened at $33.00 on Thursday. Soundwatch Hedged Equity ETF has a 52 week low of $30.02 and a 52 week high of $33.00. The stock has a market cap of $172.26 million, a PE ratio of 25.08 and a beta of 0.76. The company’s 50-day moving average price is $32.59 and its two-hundred day moving average price is $32.28.

Soundwatch Hedged Equity ETF Company Profile

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.