AAM Sawgrass US Small Cap Quality Growth ETF (NYSEARCA:SAWS) Sees Significant Growth in Short Interest

AAM Sawgrass US Small Cap Quality Growth ETF (NYSEARCA:SAWS) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 7,152 shares, a growth of 332.7% from the June 15th total of 1,653 shares. Based on an average daily trading volume, of 4,246 shares, the days-to-cover ratio is presently 1.7 days. Currently, 2.3% of the shares of the stock are short sold.

AAM Sawgrass US Small Cap Quality Growth ETF Price Performance

Shares of SAWS stock traded down $0.18 during midday trading on Friday, reaching $24.95. 49 shares of the company traded hands, compared to its average volume of 3,421. The firm’s 50 day simple moving average is $24.24 and its two-hundred day simple moving average is $22.87. AAM Sawgrass US Small Cap Quality Growth ETF has a 1-year low of $19.22 and a 1-year high of $26.05. The firm has a market cap of $7.73 million, a PE ratio of 22.05 and a beta of 0.84.

AAM Sawgrass US Small Cap Quality Growth ETF Company Profile

The AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively manages a focused portfolio of US small-cap growth stocks, using quantitative and qualitative analysis for stock selection. The fund seeks risk-adjusted returns for long-term capital appreciation. SAWS was launched on Jul 30, 2024 and is issued by Advisors Asset Management.