TCW Flexible Income ETF (NYSE:FLXR) Stock Short Interest Declines 79.5%

TCW Flexible Income ETF (NYSE:FLXR) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 58,087 shares, a drop of 79.5% from the October 15th total of 283,280 shares. Based on an average daily trading volume, of 1,224,087 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FLXR. Steward Partners Investment Advisory LLC boosted its stake in shares of TCW Flexible Income ETF by 17.9% during the third quarter. Steward Partners Investment Advisory LLC now owns 458,724 shares of the company’s stock valued at $17,399,000 after purchasing an additional 69,550 shares during the period. Bleakley Financial Group LLC lifted its holdings in TCW Flexible Income ETF by 6.2% during the third quarter. Bleakley Financial Group LLC now owns 185,699 shares of the company’s stock worth $7,044,000 after buying an additional 10,917 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of TCW Flexible Income ETF during the third quarter valued at about $256,000. Alteri Wealth LLC boosted its stake in TCW Flexible Income ETF by 8.1% in the third quarter. Alteri Wealth LLC now owns 29,178 shares of the company’s stock valued at $1,107,000 after acquiring an additional 2,196 shares in the last quarter. Finally, Beckerman Institutional LLC grew its stake in TCW Flexible Income ETF by 2.3% during the 3rd quarter. Beckerman Institutional LLC now owns 149,468 shares of the company’s stock worth $5,669,000 after buying an additional 3,401 shares during the last quarter.

TCW Flexible Income ETF Trading Down 0.1%

NYSE:FLXR traded down $0.06 on Friday, hitting $37.77. The stock had a trading volume of 471,082 shares, compared to its average volume of 545,619. The business’s 50-day simple moving average is $38.06 and its two-hundred day simple moving average is $38.92. TCW Flexible Income ETF has a 52-week low of $36.03 and a 52-week high of $39.90.

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.