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

TCW Core Plus Bond ETF (NYSE:FIXT) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 21,800 shares, a growth of 222.9% from the June 30th total of 6,751 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 30,667 shares, the short-interest ratio is currently 0.7 days.

TCW Core Plus Bond ETF Trading Up 0.2%

FIXT stock traded up $0.08 during mid-day trading on Friday, hitting $37.16. The stock had a trading volume of 92,074 shares, compared to its average volume of 18,109. The firm has a fifty day simple moving average of $37.51 and a 200 day simple moving average of $37.91. The firm has a market capitalization of $224.45 million, a P/E ratio of 28.48 and a beta of 0.26. TCW Core Plus Bond ETF has a 52 week low of $37.05 and a 52 week high of $39.35.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new position in TCW Core Plus Bond ETF during the fourth quarter valued at approximately $48,000. CWM LLC boosted its holdings in shares of TCW Core Plus Bond ETF by 7.1% in the 4th quarter. CWM LLC now owns 4,549 shares of the company’s stock valued at $174,000 after purchasing an additional 303 shares in the last quarter. Susquehanna International Group LLP bought a new position in shares of TCW Core Plus Bond ETF in the 3rd quarter valued at $686,000. Goldman Sachs Group Inc. bought a new position in shares of TCW Core Plus Bond ETF in the 4th quarter valued at $897,000. Finally, Captrust Financial Advisors bought a new position in shares of TCW Core Plus Bond ETF in the 2nd quarter valued at $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.