TCW Compounders ETF (NASDAQ:GRW) Short Interest Down 50.6% in August

TCW Compounders ETF (NASDAQ:GRW) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 8,981 shares, a decrease of 50.6% from the August 15th total of 18,166 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 6,284 shares, the short-interest ratio is currently 1.4 days.

TCW Compounders ETF Stock Performance

Shares of GRW traded down $0.02 during mid-day trading on Wednesday, hitting $30.10. 613 shares of the company were exchanged, compared to its average volume of 13,041. The company has a 50 day moving average of $31.57 and a 200-day moving average of $30.63. TCW Compounders ETF has a 1-year low of $26.63 and a 1-year high of $33.03. The stock has a market cap of $90.27 million, a price-to-earnings ratio of 42.06 and a beta of 0.88.

Institutional Trading of TCW Compounders ETF

A hedge fund recently raised its position in TCW Compounders ETF stock. Citadel Advisors LLC lifted its stake in TCW Compounders ETF (NASDAQ:GRW) by 77.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,536 shares of the company’s stock after purchasing an additional 6,363 shares during the quarter. Citadel Advisors LLC owned about 0.71% of TCW Compounders ETF worth $468,000 at the end of the most recent reporting period.

About TCW Compounders ETF

The TCW Compounders ETF (GRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equity securities of companies benefiting from economic transformation. It emphasizes large-cap companies and seeks long-term growth of capital. GRW was launched on May 6, 2024 and is issued by TCW.