Short Interest in SWP Growth & Income ETF (NASDAQ:SWP) Grows By 60.1%

SWP Growth & Income ETF (NASDAQ:SWPGet Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,815 shares, an increase of 60.1% from the May 14th total of 1,134 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 10,356 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SWP Growth & Income ETF stock. Brian Low Financial Group LLC lifted its stake in shares of SWP Growth & Income ETF (NASDAQ:SWPFree Report) by 7.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 708,588 shares of the company’s stock after purchasing an additional 50,916 shares during the quarter. SWP Growth & Income ETF accounts for about 12.8% of Brian Low Financial Group LLC’s holdings, making the stock its largest position. Brian Low Financial Group LLC owned about 13.81% of SWP Growth & Income ETF worth $18,849,000 as of its most recent filing with the SEC.

SWP Growth & Income ETF Stock Performance

Shares of SWP Growth & Income ETF stock opened at $28.95 on Tuesday. The business’s fifty day simple moving average is $28.44 and its 200 day simple moving average is $28.39. SWP Growth & Income ETF has a 12 month low of $25.25 and a 12 month high of $29.87. The firm has a market capitalization of $150.25 million, a P/E ratio of 26.16 and a beta of 0.86.

SWP Growth & Income ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a $0.6332 dividend. This represents a $2.53 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date was Monday, March 30th.

About SWP Growth & Income ETF

(Get Free Report)

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.

Further Reading

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