TCW Core Plus Bond ETF (NYSE:FIXT) Sees Large Growth in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 43,937 shares, an increase of 987.0% from the May 31st total of 4,042 shares. Based on an average daily volume of 16,941 shares, the short-interest ratio is presently 2.6 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Trading of TCW Core Plus Bond ETF

Several large investors have recently modified their holdings of the stock. Osaic Holdings Inc. lifted its position in shares of TCW Core Plus Bond ETF by 10.7% during the 4th quarter. Osaic Holdings Inc. now owns 71,240 shares of the company’s stock valued at $2,723,000 after acquiring an additional 6,860 shares during the period. Morgan Stanley grew its holdings in TCW Core Plus Bond ETF by 3.7% in the fourth quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock worth $84,566,000 after purchasing an additional 78,846 shares during the period. Wells Fargo & Company MN increased its stake in TCW Core Plus Bond ETF by 527.6% in the fourth quarter. Wells Fargo & Company MN now owns 64,833 shares of the company’s stock valued at $2,478,000 after purchasing an additional 54,503 shares in the last quarter. LPL Financial LLC increased its stake in TCW Core Plus Bond ETF by 18.5% in the fourth quarter. LPL Financial LLC now owns 34,172 shares of the company’s stock valued at $1,306,000 after purchasing an additional 5,334 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in shares of TCW Core Plus Bond ETF during the fourth quarter valued at about $897,000.

TCW Core Plus Bond ETF Price Performance

NYSE FIXT opened at $37.87 on Friday. The stock has a market capitalization of $212.07 million, a P/E ratio of 28.48 and a beta of 0.28. The business has a 50 day simple moving average of $37.65 and a 200 day simple moving average of $38.03. TCW Core Plus Bond ETF has a one year low of $37.12 and a one year high of $39.35.

About TCW Core Plus Bond ETF

The Procure Disaster Recovery Strategy ETF (FIXT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equal-weighted index of globally listed companies that aid in natural disaster recovery strategies. The index comprises four investment categories: climatological, geophysical, hydrological, and meteorological. FIXT was launched on Jun 1, 2022 and is issued by ProcureAM.