Short Interest in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Expands By 66.4%

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 152,276 shares, an increase of 66.4% from the July 15th total of 91,514 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 74,947 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

A number of large investors have recently bought and sold shares of HEGD. JPMorgan Chase & Co. bought a new position in shares of Swan Hedged Equity US Large Cap ETF during the 2nd quarter worth about $1,478,000. EverSource Wealth Advisors LLC increased its position in Swan Hedged Equity US Large Cap ETF by 27.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock valued at $185,000 after buying an additional 1,689 shares in the last quarter. Baird Financial Group Inc. raised its stake 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 worth $1,721,000 after buying an additional 27,617 shares during the period. Integrated Wealth Concepts LLC raised its stake 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 worth $355,000 after buying an additional 889 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in Swan Hedged Equity US Large Cap ETF by 14.3% in the third quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock worth $33,437,000 after acquiring an additional 167,410 shares in the last quarter.

Swan Hedged Equity US Large Cap ETF Stock Performance

Swan Hedged Equity US Large Cap ETF stock opened at $27.34 on Monday. The stock has a market capitalization of $496.49 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. Swan Hedged Equity US Large Cap ETF has a 52-week low of $23.84 and a 52-week high of $27.47. The stock’s 50 day moving average price is $26.72 and its two-hundred day moving average price is $26.03.

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.