Short Interest in TCW Core Plus Bond ETF (NYSE:FIXT) Increases By 1,941.4%

TCW Core Plus Bond ETF (NYSE:FIXT) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 4,042 shares, an increase of 1,941.4% from the May 14th total of 198 shares. Based on an average daily volume of 7,005 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On TCW Core Plus Bond ETF

A number of hedge funds have recently added to or reduced their stakes in FIXT. Osaic Holdings Inc. increased its position 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 acquiring an additional 6,860 shares during the period. Morgan Stanley boosted its holdings in shares of TCW Core Plus Bond ETF by 3.7% in the fourth quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock valued at $84,566,000 after purchasing an additional 78,846 shares during the period. Wells Fargo & Company MN grew its stake in TCW Core Plus Bond ETF by 527.6% in 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. LPL Financial LLC grew its stake in TCW Core Plus Bond ETF by 18.5% in the fourth quarter. LPL Financial LLC now owns 34,172 shares of the company’s stock worth $1,306,000 after purchasing an additional 5,334 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in TCW Core Plus Bond ETF during the 4th quarter worth $897,000.

TCW Core Plus Bond ETF Trading Up 0.2%

Shares of NYSE FIXT traded up $0.09 during mid-day trading on Tuesday, reaching $37.41. The company had a trading volume of 47,294 shares, compared to its average volume of 13,601. The business’s 50-day moving average is $37.69 and its 200-day moving average is $38.11. The stock has a market cap of $209.50 million, a price-to-earnings ratio of 28.48 and a beta of -0.32. TCW Core Plus Bond ETF has a 52 week low of $37.12 and a 52 week high of $39.35.

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.