Short Interest in Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Declines By 81.7%

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 27,841 shares, a decline of 81.7% from the July 30th total of 152,276 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 71,219 shares, the short-interest ratio is currently 0.4 days.

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

Large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in shares of Swan Hedged Equity US Large Cap ETF by 28.7% during the first quarter. EverSource Wealth Advisors LLC now owns 18,446 shares of the company’s stock valued at $456,000 after acquiring an additional 4,119 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its position in Swan Hedged Equity US Large Cap ETF by 1.9% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 151,741 shares of the company’s stock valued at $3,748,000 after purchasing an additional 2,872 shares during the last quarter. Mosaic Family Wealth Partners LLC bought a new stake in shares of Swan Hedged Equity US Large Cap ETF in the 4th quarter worth approximately $230,000. Vantage Financial Partners LLC increased its stake in shares of Swan Hedged Equity US Large Cap ETF by 3.5% during the fourth quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock valued at $12,049,000 after buying an additional 16,086 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in shares of Swan Hedged Equity US Large Cap ETF by 14.3% during the third quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock valued at $33,437,000 after acquiring an additional 167,410 shares in the last quarter.

Swan Hedged Equity US Large Cap ETF Stock Performance

BATS:HEGD opened at $27.15 on Friday. The firm has a market cap of $493.04 million, a PE ratio of 25.32 and a beta of 0.55. Swan Hedged Equity US Large Cap ETF has a fifty-two week low of $23.91 and a fifty-two week high of $27.47. The business has a 50 day moving average price of $26.82 and a 200-day moving average price of $26.14.

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.