TCW Transform Systems ETF (NASDAQ:PWRD) Short Interest Update

TCW Transform Systems ETF (NASDAQ:PWRD) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 127,235 shares, a growth of 106.8% from the February 26th total of 61,532 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 109,950 shares, the days-to-cover ratio is presently 1.2 days.

TCW Transform Systems ETF Stock Up 0.4%

Shares of PWRD stock traded up $0.40 during trading hours on Friday, hitting $97.71. 13,342 shares of the company’s stock were exchanged, compared to its average volume of 80,864. TCW Transform Systems ETF has a fifty-two week low of $59.38 and a fifty-two week high of $110.35. The firm has a market cap of $1.03 billion, a P/E ratio of 47.90 and a beta of 1.19. The firm has a 50 day moving average of $102.75 and a two-hundred day moving average of $99.49.

Hedge Funds Weigh In On TCW Transform Systems ETF

A number of large investors have recently added to or reduced their stakes in the stock. Dynasty Wealth Management LLC acquired a new stake in shares of TCW Transform Systems ETF in the third quarter valued at about $316,667,000. Sagespring Wealth Partners LLC acquired a new position in shares of TCW Transform Systems ETF during the 3rd quarter worth about $259,810,000. JPMorgan Chase & Co. acquired a new position in shares of TCW Transform Systems ETF during the 2nd quarter worth about $220,893,000. OpenArc Corporate Advisory LLC purchased a new position in TCW Transform Systems ETF in the 4th quarter valued at about $160,621,000. Finally, Quotient Wealth Partners LLC lifted its stake in TCW Transform Systems ETF by 4,251.4% in the 4th quarter. Quotient Wealth Partners LLC now owns 661,587 shares of the technology company’s stock valued at $63,615,000 after buying an additional 646,383 shares in the last quarter. 52.75% of the stock is currently owned by institutional investors and hedge funds.

TCW Transform Systems ETF Company Profile

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.