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

TCW Transform Systems ETF (NASDAQ:PWRD) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 29,871 shares, a drop of 80.5% from the April 15th total of 152,933 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 85,792 shares, the days-to-cover ratio is presently 0.3 days.

TCW Transform Systems ETF Trading Down 1.0%

NASDAQ PWRD traded down $1.19 during trading on Tuesday, hitting $112.81. 10,039 shares of the company’s stock were exchanged, compared to its average volume of 86,802. The company has a market cap of $1.47 billion, a PE ratio of 55.30 and a beta of 1.22. TCW Transform Systems ETF has a fifty-two week low of $78.25 and a fifty-two week high of $116.39. The stock’s 50 day moving average price is $104.99 and its two-hundred day moving average price is $101.54.

Hedge Funds Weigh In On TCW Transform Systems ETF

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

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.