TCW Transform Systems ETF (NASDAQ:PWRD) Short Interest Update

TCW Transform Systems ETF (NASDAQ:PWRD) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 25,499 shares, a drop of 82.9% from the May 14th total of 149,199 shares. Based on an average trading volume of 212,285 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Dynasty Wealth Management LLC increased its holdings in TCW Transform Systems ETF by 63.6% during the 4th quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock worth $509,927,000 after purchasing an additional 2,061,596 shares during the period. JPMorgan Chase & Co. increased its holdings in TCW Transform Systems ETF by 18.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,029,797 shares of the technology company’s stock worth $291,332,000 after purchasing an additional 480,792 shares during the period. OpenArc Corporate Advisory LLC purchased a new position in TCW Transform Systems ETF during the 4th quarter worth $160,621,000. Quotient Wealth Partners LLC increased its holdings in TCW Transform Systems ETF by 41.0% during the 1st quarter. Quotient Wealth Partners LLC now owns 933,031 shares of the technology company’s stock worth $91,219,000 after purchasing an additional 271,444 shares during the period. Finally, WCG Wealth Advisors LLC increased its holdings in TCW Transform Systems ETF by 192.9% during the 4th quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock worth $34,601,000 after purchasing an additional 236,974 shares during the period. 52.75% of the stock is currently owned by hedge funds and other institutional investors.

TCW Transform Systems ETF Trading Down 1.8%

Shares of PWRD stock traded down $2.04 on Wednesday, reaching $108.45. 13,488 shares of the company’s stock were exchanged, compared to its average volume of 96,055. The company’s fifty day simple moving average is $109.22 and its 200 day simple moving average is $103.42. The stock has a market capitalization of $1.41 billion, a PE ratio of 53.16 and a beta of 1.20. TCW Transform Systems ETF has a 52 week low of $82.67 and a 52 week high of $116.63.

About TCW Transform Systems ETF

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.