Is is possible to adjust distance of label from variation swatch?

Hi,

Please see below for a link to a screenshot. I would like the tooltip identifying the attribute to be closer to the swatch. Is this possible?

Right now, my setting is “below” but regardless of the setting, the label is always the same distance from the swatch. Is there anyway to adjust this distance?

Thanks,

Paul

https://snipboard.io/Zr4etV.jpg