TCW Multisector Credit Income ETF (NYSE:MUSE) Sees Significant Growth in Short Interest

TCW Multisector Credit Income ETF (NYSE:MUSE – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,187 shares, an increase of 904.5% from the August 31st total of 815 shares. Based on an average daily volume of 4,297 shares, the short-interest ratio is presently 1.9 days. Currently, 1.0% of the shares of the company are sold short.

TCW Multisector Credit Income ETF Trading Down 0.7%

Shares of NYSE:MUSE traded down $0.33 during mid-day trading on Friday, reaching $48.69. The company had a trading volume of 1,168 shares, compared to its average volume of 497. The company’s 50-day moving average price is $49.45 and its 200-day moving average price is $49.57. TCW Multisector Credit Income ETF has a one year low of $48.77 and a one year high of $50.92.

About TCW Multisector Credit Income ETF

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The TCW Multisector Credit Income ETF (MUSE) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that aims for long-term income. It invests in a broad basket of high-yielding fixed income securities globally MUSE was launched on Nov 15, 2024 and is issued by TCW.

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