TCW Compounders ETF (NASDAQ:GRW) Stock Short Interest Declines 50.9%

TCW Compounders ETF (NASDAQ:GRW) was the recipient of a large decrease in short interest in the month of 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. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,126 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On TCW Compounders ETF

An institutional investor recently bought a new position in TCW Compounders ETF stock. Angeles Wealth Management LLC acquired a new stake in shares of TCW Compounders ETF (NASDAQ:GRW) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 28,350 shares of the company’s stock, valued at approximately $780,000. Angeles Wealth Management LLC owned approximately 1.19% of TCW Compounders ETF at the end of the most recent quarter.

TCW Compounders ETF Price Performance

Shares of GRW traded up $0.08 during mid-day trading on Tuesday, hitting $31.03. The stock had a trading volume of 1,195 shares, compared to its average volume of 12,811. The firm has a market cap of $62.06 million, a P/E ratio of 42.06 and a beta of 0.88. TCW Compounders ETF has a 52 week low of $26.63 and a 52 week high of $33.03. The business has a fifty day moving average price of $31.44 and a 200-day moving average price of $30.68.

About TCW Compounders ETF

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.