TCW Artificial Intelligence ETF (NASDAQ:AIFD) Stock Short Interest Report for October

TCW Artificial Intelligence ETF (NASDAQ:AIFD) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 38,048 shares, a growth of 427.9% from the September 30th total of 7,208 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 11,455 shares, the days-to-cover ratio is presently 3.3 days.

TCW Artificial Intelligence ETF Price Performance

Shares of TCW Artificial Intelligence ETF stock traded down $1.48 during trading hours on Thursday, hitting $50.09. 3,797 shares of the company’s stock traded hands, compared to its average volume of 17,664. The stock has a market capitalization of $131.25 million, a price-to-earnings ratio of 42.59 and a beta of 1.75. TCW Artificial Intelligence ETF has a 12-month low of $33.69 and a 12-month high of $57.80. The company has a fifty day simple moving average of $52.24 and a 200-day simple moving average of $47.52.

Hedge Funds Weigh In On TCW Artificial Intelligence ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Cyndeo Wealth Partners LLC grew its stake in shares of TCW Artificial Intelligence ETF by 16.2% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 5,046 shares of the company’s stock worth $273,000 after acquiring an additional 705 shares during the period. Revisor Wealth Management LLC raised its stake in TCW Artificial Intelligence ETF by 7.2% in the 3rd quarter. Revisor Wealth Management LLC now owns 5,956 shares of the company’s stock valued at $307,000 after acquiring an additional 398 shares during the period. GK Wealth Management LLC purchased a new stake in TCW Artificial Intelligence ETF during the second quarter valued at about $437,000. Citadel Advisors LLC boosted its position in TCW Artificial Intelligence ETF by 42.2% during the second quarter. Citadel Advisors LLC now owns 9,805 shares of the company’s stock worth $544,000 after purchasing an additional 2,909 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of TCW Artificial Intelligence ETF by 15.6% in the second quarter. Envestnet Asset Management Inc. now owns 19,300 shares of the company’s stock worth $1,070,000 after purchasing an additional 2,607 shares in the last quarter.

About TCW Artificial Intelligence ETF

The TCW Artificial Intelligence ETF (AIFD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global equity securities of companies focusing on and benefiting from artificial intelligence. It primarily selects growth companies and seeks long-term growth of capital. AIFD was launched on May 6, 2024 and is issued by TCW.