Swan Enhanced Dividend Income ETF (BATS:SCLZ) Sees Significant Drop in Short Interest

Swan Enhanced Dividend Income ETF (BATS:SCLZ) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 233 shares, a drop of 43.0% from the May 14th total of 409 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,057 shares, the days-to-cover ratio is currently 0.2 days.

Swan Enhanced Dividend Income ETF Stock Performance

Shares of BATS SCLZ opened at $55.67 on Monday. The company has a market capitalization of $13.92 million, a price-to-earnings ratio of 24.61 and a beta of 0.58. Swan Enhanced Dividend Income ETF has a twelve month low of $50.41 and a twelve month high of $56.53. The business has a 50 day simple moving average of $55.13 and a 200-day simple moving average of $54.38.

Institutional Trading of Swan Enhanced Dividend Income ETF

A hedge fund recently raised its stake in Swan Enhanced Dividend Income ETF stock. Swan Global Investments LLC increased its holdings in Swan Enhanced Dividend Income ETF (BATS:SCLZ) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 23,591 shares of the company’s stock after buying an additional 500 shares during the period. Swan Enhanced Dividend Income ETF comprises approximately 0.0% of Swan Global Investments LLC’s holdings, making the stock its 28th biggest position. Swan Global Investments LLC owned 8.43% of Swan Enhanced Dividend Income ETF worth $1,282,000 as of its most recent SEC filing.

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.