TCW Core Plus Bond ETF (NYSE:FIXT) Sees Significant Decline in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 14,084 shares, a decrease of 40.2% from the September 15th total of 23,548 shares. Based on an average daily trading volume, of 26,455 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On TCW Core Plus Bond ETF

A hedge fund recently bought a new stake in TCW Core Plus Bond ETF stock. NewEdge Advisors LLC acquired a new stake in shares of TCW Core Plus Bond ETF (NYSE:FIXT) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 4,270 shares of the company’s stock, valued at approximately $161,000. NewEdge Advisors LLC owned approximately 0.07% of TCW Core Plus Bond ETF at the end of the most recent quarter.

TCW Core Plus Bond ETF Stock Up 0.1%

TCW Core Plus Bond ETF stock opened at $36.03 on Thursday. The company has a fifty day simple moving average of $36.71 and a 200-day simple moving average of $37.28. The firm has a market capitalization of $243.23 million, a price-to-earnings ratio of 28.48 and a beta of 0.13. TCW Core Plus Bond ETF has a 52-week low of $35.65 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.