TCW High Yield Bond ETF (NYSEARCA:HYBX) Sees Significant Decrease in Short Interest

TCW High Yield Bond ETF (NYSEARCA:HYBXGet Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 100 shares, a drop of 50.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in TCW High Yield Bond ETF by 166.6% in the 2nd quarter. Jane Street Group LLC now owns 25,502 shares of the company’s stock worth $781,000 after purchasing an additional 15,938 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of TCW High Yield Bond ETF during the second quarter valued at $163,000. Clear Point Advisors Inc. lifted its holdings in shares of TCW High Yield Bond ETF by 2.0% during the second quarter. Clear Point Advisors Inc. now owns 32,955 shares of the company’s stock worth $1,010,000 after purchasing an additional 638 shares during the period. Finally, Bank of America Corp DE acquired a new stake in TCW High Yield Bond ETF in the fourth quarter valued at $42,000.

TCW High Yield Bond ETF Stock Up 0.7%

NYSEARCA HYBX opened at $30.61 on Monday. The firm’s fifty day moving average price is $30.61 and its two-hundred day moving average price is $30.33. TCW High Yield Bond ETF has a 1 year low of $28.67 and a 1 year high of $30.94.

TCW High Yield Bond ETF Company Profile

(Get Free Report)

The TCW High Yield Bond ETF (HYBX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to invest in global government and corporate securities rated as high yield, within a broad range of maturities. HYBX was launched on Feb 1, 1989 and is issued by TCW.

Further Reading

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