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

TCW Core Plus Bond ETF (NYSE:FIXT) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 6,751 shares, a decline of 84.6% from the June 15th total of 43,937 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 29,768 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of TCW Core Plus Bond ETF

Several institutional investors have recently added to or reduced their stakes in FIXT. Morgan Stanley raised its holdings in 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 worth $84,566,000 after purchasing an additional 78,846 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of TCW Core Plus Bond ETF in the 2nd quarter valued at $2,736,000. Wells Fargo & Company MN boosted its stake in shares of 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 shares of TCW Core Plus Bond ETF during the second quarter worth $1,773,000. Finally, Captrust Financial Advisors acquired a new stake in shares of TCW Core Plus Bond ETF during the second quarter worth $943,000.

TCW Core Plus Bond ETF Stock Down 0.3%

Shares of NYSE FIXT traded down $0.13 during trading on Monday, reaching $37.31. The company had a trading volume of 3,344 shares, compared to its average volume of 16,413. The company’s fifty day moving average price is $37.56 and its 200-day moving average price is $37.98. TCW Core Plus Bond ETF has a 12 month low of $37.12 and a 12 month high of $39.35. The stock has a market cap of $221.62 million, a P/E ratio of 28.48 and a beta of 0.29.

About TCW Core Plus Bond ETF

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.