TCW Corporate Bond ETF (NYSE:IGCB) Short Interest Up 200.0% in August

TCW Corporate Bond ETF (NYSE:IGCB) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 3 shares, a growth of 200.0% from the August 15th total of 1 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 339 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On TCW Corporate Bond ETF

A number of large investors have recently modified their holdings of IGCB. Citadel Advisors LLC lifted its position in TCW Corporate Bond ETF by 20.3% during the 2nd quarter. Citadel Advisors LLC now owns 11,130 shares of the company’s stock worth $511,000 after acquiring an additional 1,880 shares in the last quarter. TCW Group Inc. boosted its holdings in TCW Corporate Bond ETF by 19.4% in the 4th quarter. TCW Group Inc. now owns 606,284 shares of the company’s stock worth $28,165,000 after acquiring an additional 98,648 shares during the period. Finally, Jane Street Group LLC grew its position in TCW Corporate Bond ETF by 4.7% in the fourth quarter. Jane Street Group LLC now owns 7,306 shares of the company’s stock valued at $339,000 after acquiring an additional 329 shares in the last quarter.

TCW Corporate Bond ETF Stock Up 0.1%

NYSE IGCB traded up $0.04 during trading hours on Friday, hitting $44.30. The company had a trading volume of 20 shares, compared to its average volume of 1,729. The firm’s 50 day moving average is $44.97 and its 200 day moving average is $45.59. TCW Corporate Bond ETF has a fifty-two week low of $44.26 and a fifty-two week high of $47.37.

About TCW Corporate Bond ETF

The TCW Corporate Bond ETF (IGCB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund takes an active approach to holding US investment grade and high yield corporate securities, with an average duration of three to nine years. IGCB was launched on Jun 29, 2018 and is issued by TCW.