TCW Core Plus Bond ETF (NYSE:FIXT) Sees Large Decrease in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 14,084 shares, a drop of 40.2% from the September 15th total of 23,548 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 26,455 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On TCW Core Plus Bond ETF

An institutional investor recently bought a new position in TCW Core Plus Bond ETF stock. NewEdge Advisors LLC bought a new stake in TCW Core Plus Bond ETF (NYSE:FIXT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,270 shares of the company’s stock, valued at approximately $161,000. NewEdge Advisors LLC owned 0.07% of TCW Core Plus Bond ETF as of its most recent SEC filing.

TCW Core Plus Bond ETF Stock Up 0.1%

FIXT traded up $0.03 during trading on Friday, reaching $36.22. 59,494 shares of the company’s stock were exchanged, compared to its average volume of 23,171. TCW Core Plus Bond ETF has a fifty-two week low of $35.65 and a fifty-two week high of $39.35. The business has a 50 day moving average price of $36.69 and a 200 day moving average price of $37.27. The company has a market capitalization of $244.49 million, a P/E ratio of 28.48 and a beta of 0.13.

TCW Core Plus Bond ETF Company Profile

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.