HEGD Short Volume
Swan Hedged Equity US Large Cap ETF (HEGD) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $534.7M, listed on CBOE, carrying a beta of 0.60 to the broader market. The fund is an actively-managed ETF that pursues its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) directly and indirectly through one or more other investment companies, including ETFs, in equity securities of large capitalization U. public since 2020-12-23.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-05-15
- Short Volume
- 25.6K
- Total Volume
- 47.0K
- Short %
- 54.47%
- 30-Day Avg Short %
- 48.98%
Showing 30 days of FINRA short volume data for Swan Hedged Equity US Large Cap ETF.
Learn how short volume is reported and how to read the data →
Frequently asked HEGD short volume questions
- What is the daily HEGD short volume?
- As of May 15, 2026, Swan Hedged Equity US Large Cap ETF (HEGD) short volume is 25.6K shares against 47.0K total reported volume, or 54.47% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is HEGD short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does HEGD short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.