TCW Core Plus Bond ETF (NYSE:FIXT) Sees Large Growth in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 22,790 shares, a growth of 456.1% from the July 30th total of 4,098 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 22,378 shares, the days-to-cover ratio is currently 1.0 days.

TCW Core Plus Bond ETF Trading Up 0.5%

Shares of FIXT opened at $37.43 on Wednesday. TCW Core Plus Bond ETF has a 12 month low of $37.04 and a 12 month high of $39.35. The stock’s 50 day moving average is $37.41 and its two-hundred day moving average is $37.74. The firm has a market cap of $227.57 million, a P/E ratio of 28.48 and a beta of 0.09.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Morgan Stanley raised its position in TCW Core Plus Bond ETF by 3.7% during the fourth quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock worth $84,566,000 after acquiring an additional 78,846 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of TCW Core Plus Bond ETF in the second quarter valued at about $2,736,000. Osaic Holdings Inc. increased its stake in shares of TCW Core Plus Bond ETF by 10.7% during the fourth quarter. Osaic Holdings Inc. now owns 71,240 shares of the company’s stock worth $2,723,000 after purchasing an additional 6,860 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of TCW Core Plus Bond ETF by 527.6% during the fourth quarter. Wells Fargo & Company MN now owns 64,833 shares of the company’s stock worth $2,478,000 after purchasing an additional 54,503 shares in the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in shares of TCW Core Plus Bond ETF during the 2nd quarter worth about $1,773,000.

TCW Core Plus Bond ETF Company Profile

The Procure Disaster Recovery Strategy ETF (FIXT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equal-weighted index of globally listed companies that aid in natural disaster recovery strategies. The index comprises four investment categories: climatological, geophysical, hydrological, and meteorological. FIXT was launched on Jun 1, 2022 and is issued by ProcureAM.