TCW High Yield Bond ETF (NYSE:HYBX) Short Interest Down 97.1% in August

TCW High Yield Bond ETF (NYSE:HYBX) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 231 shares, a drop of 97.1% from the August 15th total of 8,002 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 952 shares, the short-interest ratio is presently 0.2 days.

TCW High Yield Bond ETF Price Performance

Shares of HYBX stock traded down $0.08 on Thursday, hitting $29.38. The stock had a trading volume of 534 shares, compared to its average volume of 3,027. TCW High Yield Bond ETF has a twelve month low of $29.25 and a twelve month high of $30.94. The company has a fifty day moving average price of $29.58 and a two-hundred day moving average price of $29.72.

Institutional Investors Weigh In On TCW High Yield Bond ETF

A number of hedge funds have recently modified their holdings of HYBX. TCW Group Inc. bought a new position in shares of TCW High Yield Bond ETF during the 4th quarter valued at about $3,561,000. Jane Street Group LLC acquired a new stake in TCW High Yield Bond ETF during the 4th quarter worth approximately $717,000. Clear Point Advisors Inc. lifted its stake in TCW High Yield Bond ETF by 2.7% in the fourth quarter. Clear Point Advisors Inc. now owns 32,882 shares of the company’s stock valued at $984,000 after buying an additional 863 shares in the last quarter. Susquehanna International Group LLP lifted its stake in TCW High Yield Bond ETF by 20.4% in the third quarter. Susquehanna International Group LLP now owns 23,396 shares of the company’s stock valued at $718,000 after buying an additional 3,971 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of TCW High Yield Bond ETF in the second quarter valued at approximately $163,000.

TCW High Yield Bond ETF Company Profile

The TCW High Yield Bond ETF (HYBX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to invest in global government and corporate securities rated as high yield, within a broad range of maturities. HYBX was launched on Feb 1, 1989 and is issued by TCW.