TCW Flexible Income ETF (NYSEARCA:FLXR) Sees Significant Decrease in Short Interest

TCW Flexible Income ETF (NYSEARCA:FLXR) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 77,100 shares, a drop of 32.0% from the September 15th total of 113,400 shares. Based on an average daily volume of 379,300 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 379,300 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of TCW Flexible Income ETF

Institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC acquired a new stake in TCW Flexible Income ETF in the 2nd quarter valued at approximately $283,000. Park Avenue Securities LLC acquired a new stake in TCW Flexible Income ETF in the 2nd quarter valued at approximately $353,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of TCW Flexible Income ETF by 22.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 135,511 shares of the company’s stock worth $5,308,000 after acquiring an additional 25,280 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of TCW Flexible Income ETF by 103.4% in the first quarter. Envestnet Asset Management Inc. now owns 903,751 shares of the company’s stock worth $35,400,000 after acquiring an additional 459,526 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of TCW Flexible Income ETF by 1.8% in the first quarter. Cetera Investment Advisers now owns 34,093 shares of the company’s stock worth $1,335,000 after acquiring an additional 603 shares in the last quarter.

TCW Flexible Income ETF Trading Up 0.1%

TCW Flexible Income ETF stock opened at $39.91 on Friday. TCW Flexible Income ETF has a fifty-two week low of $38.40 and a fifty-two week high of $39.95. The firm has a 50 day moving average price of $39.76 and a 200 day moving average price of $39.37.

TCW Flexible Income ETF Company Profile

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.