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

TCW Transform Systems ETF (NASDAQ:PWRD) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 149,199 shares, an increase of 399.5% from the April 30th total of 29,871 shares. Based on an average daily trading volume, of 94,386 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Portside Wealth Group LLC grew its holdings in shares of TCW Transform Systems ETF by 0.9% during the 3rd quarter. Portside Wealth Group LLC now owns 12,402 shares of the technology company’s stock worth $1,212,000 after purchasing an additional 112 shares in the last quarter. WealthTrust Asset Management LLC grew its holdings in shares of TCW Transform Systems ETF by 5.4% during the 1st quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock worth $231,000 after purchasing an additional 122 shares in the last quarter. Trademark Financial Management LLC grew its holdings in shares of TCW Transform Systems ETF by 2.1% during the 1st quarter. Trademark Financial Management LLC now owns 8,478 shares of the technology company’s stock worth $829,000 after purchasing an additional 172 shares in the last quarter. &PARTNERS grew its holdings in shares of TCW Transform Systems ETF by 3.7% during the 4th quarter. &PARTNERS now owns 4,943 shares of the technology company’s stock worth $475,000 after purchasing an additional 175 shares in the last quarter. Finally, WJ Wealth Management LLC grew its holdings in shares of TCW Transform Systems ETF by 0.3% during the 4th quarter. WJ Wealth Management LLC now owns 71,101 shares of the technology company’s stock worth $6,837,000 after purchasing an additional 179 shares in the last quarter. 52.75% of the stock is owned by institutional investors and hedge funds.

TCW Transform Systems ETF Price Performance

NASDAQ PWRD traded down $0.38 on Friday, reaching $112.53. The stock had a trading volume of 48,977 shares, compared to its average volume of 98,564. The firm has a fifty day moving average of $107.35 and a two-hundred day moving average of $102.65. TCW Transform Systems ETF has a 1-year low of $81.58 and a 1-year high of $116.39. The company has a market cap of $1.46 billion, a P/E ratio of 55.16 and a beta of 1.22.

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.