TCW Senior Loan ETF (NYSE:SLNZ – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 276 shares, a drop of 92.5% from the August 15th total of 3,697 shares. Based on an average daily trading volume, of 4,914 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
TCW Senior Loan ETF Trading Down 0.2%
SLNZ traded down $0.10 on Thursday, hitting $45.55. 280 shares of the stock traded hands, compared to its average volume of 8,125. The business has a fifty day moving average price of $45.69 and a two-hundred day moving average price of $45.54. TCW Senior Loan ETF has a 52 week low of $44.58 and a 52 week high of $47.27.
Institutional Trading of TCW Senior Loan ETF
A number of institutional investors and hedge funds have recently modified their holdings of SLNZ. Goldman Sachs Group Inc. acquired a new position in shares of TCW Senior Loan ETF in the first quarter valued at $2,497,000. Jane Street Group LLC bought a new position in TCW Senior Loan ETF in the second quarter worth $3,599,000. Royal Bank of Canada lifted its position in TCW Senior Loan ETF by 175.2% in the fourth quarter. Royal Bank of Canada now owns 29,194 shares of the company’s stock worth $1,352,000 after purchasing an additional 18,586 shares during the period. Finally, TCW Group Inc. boosted its stake in TCW Senior Loan ETF by 1.0% during the fourth quarter. TCW Group Inc. now owns 4,204,696 shares of the company’s stock worth $194,719,000 after buying an additional 42,660 shares in the last quarter.
About TCW Senior Loan ETF
The TCW Senior Loan ETF (SLNZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a focus on global senior loans of any credit quality and maturity bracket. The investment objective is to provide diversification in the fixed income space. SLNZ was launched on Jun 28, 2013 and is issued by TCW.
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