SWP Growth & Income ETF (NASDAQ:SWP) Shares Shorted: Short Interest Up 134.4% in October

SWP Growth & Income ETF (NASDAQ:SWP) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 25,538 shares, a growth of 134.4% from the October 15th total of 10,896 shares. Based on an average trading volume of 11,983 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.5% of the shares of the stock are short sold.

SWP Growth & Income ETF Price Performance

Shares of SWP opened at $27.47 on Friday. The company has a 50-day moving average of $27.62 and a two-hundred day moving average of $28.20. The stock has a market cap of $146.12 million, a price-to-earnings ratio of 24.49 and a beta of 0.86. SWP Growth & Income ETF has a one year low of $25.73 and a one year high of $29.87.

SWP Growth & Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.5713 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.29 annualized dividend and a yield of 8.3%. This is a negative change from SWP Growth & Income ETF’s previous quarterly dividend of $0.6160.

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.