SWP Growth & Income ETF (NASDAQ:SWP) Short Interest Up 942.8% in June

SWP Growth & Income ETF (NASDAQ:SWP) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 18,926 shares, a growth of 942.8% from the May 31st total of 1,815 shares. Based on an average trading volume of 6,568 shares, the short-interest ratio is currently 2.9 days. Approximately 0.4% of the company’s shares are sold short.

Hedge Funds Weigh In On SWP Growth & Income ETF

An institutional investor recently raised its stake 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 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 708,588 shares of the company’s stock after acquiring an additional 50,916 shares during the period. SWP Growth & Income ETF makes up approximately 12.8% of Brian Low Financial Group LLC’s holdings, making the stock its largest holding. Brian Low Financial Group LLC owned about 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 0.5%

SWP stock opened at $28.28 on Friday. The company has a market cap of $146.77 million, a price-to-earnings ratio of 26.16 and a beta of 0.86. The business has a fifty day simple moving average of $28.63 and a 200-day simple moving average of $28.38. SWP Growth & Income ETF has a 52 week low of $25.73 and a 52 week high of $29.87.

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.