TCW Flexible Income ETF (NYSE:FLXR) Short Interest Update

TCW Flexible Income ETF (NYSE:FLXR) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 261,587 shares, an increase of 76.6% from the August 31st total of 148,084 shares. Based on an average daily volume of 467,467 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are sold short.

TCW Flexible Income ETF Trading Down 0.1%

NYSE FLXR traded down $0.04 on Wednesday, reaching $37.92. The company had a trading volume of 1,456,769 shares, compared to its average volume of 435,030. TCW Flexible Income ETF has a 52 week low of $37.86 and a 52 week high of $39.97. The stock’s 50 day moving average is $38.67 and its 200-day moving average is $38.99.

Hedge Funds Weigh In On TCW Flexible Income ETF

Several institutional investors have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. raised its position in shares of TCW Flexible Income ETF by 13.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 110,888 shares of the company’s stock valued at $4,348,000 after acquiring an additional 12,793 shares during the period. Envestnet Asset Management Inc. grew its holdings in TCW Flexible Income ETF by 41.0% during the second quarter. Envestnet Asset Management Inc. now owns 2,158,257 shares of the company’s stock valued at $84,625,000 after purchasing an additional 627,369 shares during the period. IFP Advisors Inc grew its holdings in TCW Flexible Income ETF by 35.6% during the second quarter. IFP Advisors Inc now owns 3,205 shares of the company’s stock valued at $126,000 after purchasing an additional 841 shares during the period. Baird Financial Group Inc. grew its holdings in TCW Flexible Income ETF by 4.3% during the second quarter. Baird Financial Group Inc. now owns 243,521 shares of the company’s stock valued at $9,548,000 after purchasing an additional 10,038 shares during the period. Finally, Ameritas Advisory Services LLC bought a new stake in TCW Flexible Income ETF in the second quarter valued at approximately $273,000.

About TCW Flexible Income ETF

The TCW Flexible Income ETF (FLXR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that seeks to provide consistent income. The fund has the flexibility to invest across a wide spectrum of security type, credit quality and maturity profiles FLXR was launched on Nov 30, 2018 and is issued by TCW.