TCW Core Plus Bond ETF (NYSE:FIXT) Sees Large Growth in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 22,790 shares, an increase of 456.1% from the July 30th total of 4,098 shares. Based on an average daily volume of 22,378 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

TCW Core Plus Bond ETF Stock Performance

NYSE FIXT opened at $37.43 on Wednesday. The stock has a 50-day simple moving average of $37.41 and a two-hundred day simple moving average of $37.74. The firm has a market capitalization of $227.57 million, a P/E ratio of 28.48 and a beta of 0.09. TCW Core Plus Bond ETF has a fifty-two week low of $37.04 and a fifty-two week high of $39.35.

Institutional Investors Weigh In On TCW Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Godfrey Financial Associates Inc. acquired a new position in shares of TCW Core Plus Bond ETF in the 4th quarter valued at $48,000. CWM LLC grew its position in TCW Core Plus Bond ETF by 7.1% during the fourth quarter. CWM LLC now owns 4,549 shares of the company’s stock valued at $174,000 after buying an additional 303 shares during the period. Susquehanna International Group LLP acquired a new stake in TCW Core Plus Bond ETF during the third quarter valued at $686,000. Goldman Sachs Group Inc. acquired a new stake in TCW Core Plus Bond ETF during the fourth quarter valued at $897,000. Finally, Captrust Financial Advisors purchased a new position in TCW Core Plus Bond ETF in the second quarter valued at $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.