Short Interest in TCW Core Plus Bond ETF (NYSE:FIXT) Increases By 1,941.4%

TCW Core Plus Bond ETF (NYSE:FIXT) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 4,042 shares, an increase of 1,941.4% from the May 14th total of 198 shares. Based on an average daily trading volume, of 7,005 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

TCW Core Plus Bond ETF Price Performance

NYSE:FIXT opened at $37.41 on Thursday. The company has a fifty day moving average price of $37.68 and a 200 day moving average price of $38.10. TCW Core Plus Bond ETF has a one year low of $37.12 and a one year high of $39.35. The stock has a market cap of $209.50 million, a P/E ratio of 28.48 and a beta of -0.31.

Institutional Investors Weigh In On TCW Core Plus Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Godfrey Financial Associates Inc. bought a new stake in shares of TCW Core Plus Bond ETF in the 4th quarter valued at approximately $48,000. CWM LLC raised its position in TCW Core Plus Bond ETF by 7.1% in the 4th quarter. CWM LLC now owns 4,549 shares of the company’s stock worth $174,000 after purchasing an additional 303 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of TCW Core Plus Bond ETF during the third quarter worth $686,000. Goldman Sachs Group Inc. bought a new stake in TCW Core Plus Bond ETF during the 4th quarter worth about $897,000. Finally, Captrust Financial Advisors acquired a new stake in shares of TCW Core Plus Bond ETF during the 2nd quarter worth approximately $943,000.

About TCW Core Plus Bond ETF

The Procure Disaster Recovery Strategy ETF (FIXT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equal-weighted index of globally listed companies that aid in natural disaster recovery strategies. The index comprises four investment categories: climatological, geophysical, hydrological, and meteorological. FIXT was launched on Jun 1, 2022 and is issued by ProcureAM.