TCW Compounders ETF (NASDAQ:GRW) Sees Large Decrease in Short Interest

TCW Compounders ETF (NASDAQ:GRW) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 8,981 shares, a decline of 50.6% from the August 15th total of 18,166 shares. Based on an average daily volume of 6,284 shares, the short-interest ratio is presently 1.4 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Trading of TCW Compounders ETF

An institutional investor recently raised its position in TCW Compounders ETF stock. Citadel Advisors LLC raised its stake in TCW Compounders ETF (NASDAQ:GRW) by 77.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,536 shares of the company’s stock after buying an additional 6,363 shares during the period. Citadel Advisors LLC owned about 0.71% of TCW Compounders ETF worth $468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

TCW Compounders ETF Stock Performance

NASDAQ GRW traded down $0.33 during trading on Tuesday, hitting $30.12. The stock had a trading volume of 542 shares, compared to its average volume of 13,112. The stock has a market capitalization of $90.33 million, a price-to-earnings ratio of 42.06 and a beta of 0.88. TCW Compounders ETF has a one year low of $26.63 and a one year high of $33.03. The stock has a 50 day simple moving average of $31.61 and a 200 day simple moving average of $30.63.

About TCW Compounders ETF

The TCW Compounders ETF (GRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equity securities of companies benefiting from economic transformation. It emphasizes large-cap companies and seeks long-term growth of capital. GRW was launched on May 6, 2024 and is issued by TCW.