Swan Enhanced Dividend Income ETF (BATS:SCLZ) Shares Shorted: Short Interest Up 63.5% in October

Swan Enhanced Dividend Income ETF (BATS:SCLZ – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,473 shares, an increase of 63.5% from the September 30th total of 1,513 shares. Based on an average trading volume of 1,020 shares, the short-interest ratio is currently 2.4 days. Currently, 1.0% of the shares of the company are short sold.

Swan Enhanced Dividend Income ETF Price Performance

Shares of SCLZ stock opened at $55.35 on Monday. Swan Enhanced Dividend Income ETF has a 12-month low of $50.41 and a 12-month high of $57.72. The firm has a 50 day moving average price of $56.68 and a two-hundred day moving average price of $55.31. The company has a market capitalization of $13.84 million, a PE ratio of 24.61 and a beta of 0.58.

Swan Enhanced Dividend Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 27th. Investors of record on Thursday, October 22nd were paid a $0.4036 dividend. This represents a $4.84 dividend on an annualized basis and a yield of 8.8%. This is a drop from Swan Enhanced Dividend Income ETF’s previous monthly dividend of $0.4080. The ex-dividend date of this dividend was Thursday, October 22nd.

About Swan Enhanced Dividend Income ETF

(Get Free Report)

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.

Further Reading

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