TCW Compounders ETF (NASDAQ:GRW) Sees Significant Decrease in Short Interest

TCW Compounders ETF (NASDAQ:GRW) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 4,410 shares, a decrease of 50.9% from the August 31st total of 8,981 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 4,126 shares, the days-to-cover ratio is presently 1.1 days.

TCW Compounders ETF Stock Down 0.5%

Shares of NASDAQ GRW traded down $0.17 during midday trading on Wednesday, reaching $30.86. 7,455 shares of the company were exchanged, compared to its average volume of 12,782. The stock’s 50-day moving average price is $31.44 and its 200-day moving average price is $30.69. The stock has a market cap of $61.72 million, a P/E ratio of 42.06 and a beta of 0.88. TCW Compounders ETF has a one year low of $26.63 and a one year high of $33.03.

Hedge Funds Weigh In On TCW Compounders ETF

A hedge fund recently bought a new stake in TCW Compounders ETF stock. Angeles Wealth Management LLC purchased a new position in shares of TCW Compounders ETF (NASDAQ:GRW) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 28,350 shares of the company’s stock, valued at approximately $780,000. Angeles Wealth Management LLC owned about 1.19% of TCW Compounders ETF at the end of the most recent quarter.

TCW Compounders ETF Company Profile

The TCW Compounders ETF (GRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equity securities of companies benefiting from economic transformation. It emphasizes large-cap companies and seeks long-term growth of capital. GRW was launched on May 6, 2024 and is issued by TCW.