Short Interest in TCW Core Plus Bond ETF (NYSE:FIXT) Declines By 84.6%

TCW Core Plus Bond ETF (NYSE:FIXT) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 6,751 shares, a decrease of 84.6% from the June 15th total of 43,937 shares. Based on an average daily trading volume, of 29,768 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

TCW Core Plus Bond ETF Trading Down 0.3%

Shares of NYSE FIXT traded down $0.13 during mid-day trading on Monday, hitting $37.31. The company had a trading volume of 3,344 shares, compared to its average volume of 16,413. The firm has a 50-day simple moving average of $37.56 and a two-hundred day simple moving average of $37.98. The company has a market capitalization of $221.62 million, a PE ratio of 28.48 and a beta of 0.29. TCW Core Plus Bond ETF has a one year low of $37.12 and a one year high of $39.35.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Morgan Stanley increased its position in shares of TCW Core Plus Bond ETF by 3.7% during the 4th quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock worth $84,566,000 after purchasing an additional 78,846 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of TCW Core Plus Bond ETF in the second quarter valued at $2,736,000. Wells Fargo & Company MN grew its stake in shares of 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 valued at $2,478,000 after buying an additional 54,503 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in TCW Core Plus Bond ETF during the second quarter worth $1,773,000. Finally, Captrust Financial Advisors acquired a new position in TCW Core Plus Bond ETF during the second quarter worth $943,000.

About TCW Core Plus Bond ETF

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.