TCW Senior Loan ETF (NYSE:SLNZ) Short Interest Update

TCW Senior Loan ETF (NYSE:SLNZ) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 276 shares, a decline of 92.5% from the August 15th total of 3,697 shares. Based on an average daily volume of 4,914 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

TCW Senior Loan ETF Stock Performance

SLNZ traded down $0.10 during midday trading on Thursday, reaching $45.55. The company’s stock had a trading volume of 280 shares, compared to its average volume of 8,125. The company has a fifty day simple moving average of $45.69 and a 200 day simple moving average of $45.54. TCW Senior Loan ETF has a twelve month low of $44.58 and a twelve month high of $47.27.

Institutional Investors Weigh In On TCW Senior Loan ETF

Hedge funds have recently modified their holdings of the business. TCW Group Inc. raised its stake in TCW Senior Loan ETF by 1.0% during the 4th quarter. TCW Group Inc. now owns 4,204,696 shares of the company’s stock valued at $194,719,000 after purchasing an additional 42,660 shares during the last quarter. Jane Street Group LLC acquired a new stake in TCW Senior Loan ETF in the 2nd quarter worth $3,599,000. Goldman Sachs Group Inc. acquired a new stake in TCW Senior Loan ETF in the 1st quarter worth $2,497,000. Finally, Royal Bank of Canada grew its position in TCW Senior Loan ETF by 175.2% in the 4th quarter. Royal Bank of Canada now owns 29,194 shares of the company’s stock worth $1,352,000 after purchasing an additional 18,586 shares during the last quarter.

TCW Senior Loan ETF Company Profile

The TCW Senior Loan ETF (SLNZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a focus on global senior loans of any credit quality and maturity bracket. The investment objective is to provide diversification in the fixed income space. SLNZ was launched on Jun 28, 2013 and is issued by TCW.