TCW Transform Systems ETF (NASDAQ:PWRD) Short Interest Update

TCW Transform Systems ETF (NASDAQ:PWRD) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 25,499 shares, a decrease of 82.9% from the May 14th total of 149,199 shares. Based on an average daily trading volume, of 212,285 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On TCW Transform Systems ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PWRD. Key Capital Management INC bought a new position in TCW Transform Systems ETF during the fourth quarter valued at approximately $30,000. Financially Speaking Inc bought a new position in TCW Transform Systems ETF during the third quarter valued at approximately $54,000. Triumph Capital Management bought a new stake in shares of TCW Transform Systems ETF in the 3rd quarter valued at approximately $77,000. Fifth Third Bancorp bought a new stake in shares of TCW Transform Systems ETF in the 1st quarter valued at approximately $79,000. Finally, Osaic Holdings Inc. bought a new stake in shares of TCW Transform Systems ETF in the 2nd quarter valued at approximately $112,000. 52.75% of the stock is owned by institutional investors.

TCW Transform Systems ETF Stock Down 1.8%

TCW Transform Systems ETF stock traded down $2.04 during midday trading on Wednesday, reaching $108.45. 13,488 shares of the stock traded hands, compared to its average volume of 96,055. The stock’s fifty day moving average is $109.22 and its 200-day moving average is $103.42. TCW Transform Systems ETF has a 12 month low of $82.67 and a 12 month high of $116.63. The stock has a market cap of $1.41 billion, a P/E ratio of 53.16 and a beta of 1.20.

TCW Transform Systems ETF Company Profile

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.