TCW Core Plus Bond ETF (NYSE:FIXT) Sees Significant Increase in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 21,800 shares, a growth of 222.9% from the June 30th total of 6,751 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 30,667 shares, the days-to-cover ratio is presently 0.7 days.

TCW Core Plus Bond ETF Trading Up 0.2%

TCW Core Plus Bond ETF stock traded up $0.08 during midday trading on Friday, reaching $37.16. The company’s stock had a trading volume of 92,074 shares, compared to its average volume of 18,109. The stock has a market cap of $224.45 million, a PE ratio of 28.48 and a beta of 0.26. TCW Core Plus Bond ETF has a 52 week low of $37.05 and a 52 week high of $39.35. The business has a 50-day moving average price of $37.51 and a 200-day moving average price of $37.91.

Institutional Investors Weigh In On TCW Core Plus Bond ETF

Hedge funds have recently made changes to their positions in the stock. Morgan Stanley grew its holdings in shares of TCW Core Plus Bond ETF by 3.7% during the 4th quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock valued at $84,566,000 after purchasing an additional 78,846 shares during the last quarter. JPMorgan Chase & Co. bought a new position in TCW Core Plus Bond ETF in the 2nd quarter valued at approximately $2,736,000. Wells Fargo & Company MN lifted its stake in TCW Core Plus Bond ETF by 527.6% in the 4th 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 during the last quarter. Ameriprise Financial Inc. acquired a new stake in TCW Core Plus Bond ETF in the second quarter valued at approximately $1,773,000. Finally, Captrust Financial Advisors acquired a new stake in TCW Core Plus Bond ETF in the second quarter valued at approximately $943,000.

TCW Core Plus Bond ETF Company Profile

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.