TCW High Yield Bond ETF (NYSE:HYBX) Sees Significant Decrease in Short Interest

TCW High Yield Bond ETF (NYSE:HYBX) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 231 shares, a decrease of 97.1% from the August 15th total of 8,002 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 952 shares, the short-interest ratio is currently 0.2 days.

TCW High Yield Bond ETF Stock Performance

Shares of TCW High Yield Bond ETF stock traded down $0.08 during trading on Thursday, reaching $29.38. The stock had a trading volume of 534 shares, compared to its average volume of 3,027. The stock has a fifty day moving average price of $29.58 and a two-hundred day moving average price of $29.72. TCW High Yield Bond ETF has a 52 week low of $29.25 and a 52 week high of $30.94.

Institutional Investors Weigh In On TCW High Yield Bond ETF

Several institutional investors have recently bought and sold shares of HYBX. Clear Point Advisors Inc. lifted its position in shares of TCW High Yield Bond ETF by 2.7% in the fourth quarter. Clear Point Advisors Inc. now owns 32,882 shares of the company’s stock worth $984,000 after purchasing an additional 863 shares in the last quarter. Bank of America Corp DE acquired a new stake in TCW High Yield Bond ETF in the 4th quarter valued at $42,000. Susquehanna International Group LLP increased its stake in TCW High Yield Bond ETF by 20.4% in the 3rd quarter. Susquehanna International Group LLP now owns 23,396 shares of the company’s stock valued at $718,000 after buying an additional 3,971 shares during the last quarter. Raymond James Financial Inc. bought a new stake in TCW High Yield Bond ETF during the 2nd quarter worth about $163,000. Finally, Jane Street Group LLC lifted its position in TCW High Yield Bond ETF by 166.6% during the 2nd quarter. Jane Street Group LLC now owns 25,502 shares of the company’s stock worth $781,000 after buying an additional 15,938 shares in the last quarter.

TCW High Yield Bond ETF Company Profile

The TCW High Yield Bond ETF (HYBX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to invest in global government and corporate securities rated as high yield, within a broad range of maturities. HYBX was launched on Feb 1, 1989 and is issued by TCW.