Which of the following statements is true of short-swing profits? Short-swing profits refer to any profits made by insiders who buy and sell company stock within a three-month time period. Short-swing profits are calculated on the highest price in and the lowest price out during any fiscal period. Short-swing profits refer to those profits that have been made within a six-month time period. The short-swing profits rule of Section 16 depends on misuse of information. 100% The short-swing profits policy takes into consideration the order of purchase and sale in determining its legality.