AAM Sawgrass US Large Cap Quality Growth ETF (NYSEARCA:SAWG) Sees Large Increase in Short Interest

by · The Cerbat Gem

AAM Sawgrass US Large Cap Quality Growth ETF (NYSEARCA:SAWG – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,297 shares, a growth of 2,988.1% from the April 30th total of 42 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average trading volume of 1,038 shares, the short-interest ratio is presently 1.2 days.

AAM Sawgrass US Large Cap Quality Growth ETF Price Performance

Shares of NYSEARCA SAWG traded down $0.11 during midday trading on Wednesday, reaching $24.02. 252 shares of the stock were exchanged, compared to its average volume of 373. The business has a 50-day simple moving average of $22.34 and a two-hundred day simple moving average of $22.18. The company has a market capitalization of $2.64 million, a price-to-earnings ratio of 31.14 and a beta of 0.95. AAM Sawgrass US Large Cap Quality Growth ETF has a 12 month low of $19.66 and a 12 month high of $24.13.

About AAM Sawgrass US Large Cap Quality Growth ETF

(Get Free Report)

The AAM Sawgrass US Large Cap Quality Growth ETF (SAWG) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a narrow portfolio of US large-cap growth stocks, using quantitative and qualitative analysis for stock selection. The fund seeks risk-adjusted returns for long-term capital appreciation. SAWG was launched on Jul 30, 2024 and is issued by Advisors Asset Management.

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