Swan Enhanced Dividend Income ETF (BATS:SCLZ) Shares Shorted: Short Interest Up 110.9% in September

Swan Enhanced Dividend Income ETF (BATS:SCLZ) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 2,037 shares, a growth of 110.9% from the August 31st total of 966 shares. Based on an average daily trading volume, of 798 shares, the short-interest ratio is presently 2.6 days. Approximately 0.8% of the shares of the stock are sold short.

Swan Enhanced Dividend Income ETF Trading Up 0.1%

Shares of BATS SCLZ opened at $56.80 on Wednesday. The company’s 50-day moving average price is $56.37 and its 200 day moving average price is $55.41. Swan Enhanced Dividend Income ETF has a 52 week low of $50.41 and a 52 week high of $57.54. The stock has a market cap of $14.20 million, a price-to-earnings ratio of 24.61 and a beta of 0.58.

Swan Enhanced Dividend Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Thursday, September 24th were issued a $0.4080 dividend. This represents a $4.90 annualized dividend and a dividend yield of 8.6%. This is a boost from Swan Enhanced Dividend Income ETF’s previous monthly dividend of $0.4034. The ex-dividend date of this dividend was Thursday, September 24th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Swan Enhanced Dividend Income ETF stock. Swan Global Investments LLC increased its stake in shares of Swan Enhanced Dividend Income ETF (BATS:SCLZ) by 6.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,191 shares of the company’s stock after purchasing an additional 1,600 shares during the period. Swan Enhanced Dividend Income ETF accounts for about 0.0% of Swan Global Investments LLC’s holdings, making the stock its 27th biggest position. Swan Global Investments LLC owned about 8.40% of Swan Enhanced Dividend Income ETF worth $1,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Swan Enhanced Dividend Income ETF Company Profile

The Swan Enhanced Dividend Income ETF (SCLZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total return by investing in dividend-paying large- and mid-cap US stocks while enhancing returns through a covered call-writing options strategy. SCLZ was launched on Feb 26, 2024 and is issued by Swan.