SWP Growth & Income ETF (NASDAQ:SWP) Stock Short Interest Report for September

SWP Growth & Income ETF (NASDAQ:SWP) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 10,752 shares, an increase of 88.0% from the September 15th total of 5,718 shares. Based on an average trading volume of 4,265 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

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% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 708,588 shares of the company’s stock after buying an additional 50,916 shares during the quarter. SWP Growth & Income ETF comprises approximately 12.8% of Brian Low Financial Group LLC’s investment portfolio, making the stock its biggest holding. Brian Low Financial Group LLC owned 13.81% of SWP Growth & Income ETF worth $18,849,000 at the end of the most recent reporting period.

SWP Growth & Income ETF Stock Down 0.8%

Shares of SWP Growth & Income ETF stock opened at $27.34 on Thursday. The firm has a market capitalization of $144.36 million, a P/E ratio of 26.16 and a beta of 0.87. The company has a 50 day moving average price of $28.28 and a 200 day moving average price of $28.28. SWP Growth & Income ETF has a 52 week low of $25.73 and a 52 week 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. Shareholders of record on Tuesday, September 29th were paid a dividend of $0.5713 per share. This represents a $2.29 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date was Tuesday, September 29th. This is a negative change from SWP Growth & Income ETF’s previous quarterly dividend of $0.6160.

About SWP Growth & Income ETF

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.