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

TCW Transform Systems ETF (NASDAQ:PWRD) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 38,945 shares, a drop of 33.5% from the June 30th total of 58,564 shares. Based on an average daily volume of 79,829 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

TCW Transform Systems ETF Stock Up 4.9%

Shares of NASDAQ PWRD opened at $106.47 on Friday. The business’s 50 day moving average price is $113.71 and its 200 day moving average price is $107.86. The firm has a market cap of $1.42 billion, a P/E ratio of 52.19 and a beta of 1.18. TCW Transform Systems ETF has a 52 week low of $89.13 and a 52 week high of $123.23.

TCW Transform Systems ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.0607 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. TCW Transform Systems ETF’s dividend payout ratio (DPR) is currently 2.94%.

Institutional Trading of TCW Transform Systems ETF

Large investors have recently made changes to their positions in the business. WealthTrust Asset Management LLC increased its stake in shares of TCW Transform Systems ETF by 5.4% in the first quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock worth $231,000 after acquiring an additional 122 shares during the period. Trademark Financial Management LLC raised its holdings in shares of TCW Transform Systems ETF by 2.1% during the first 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 during the last quarter. &PARTNERS raised its holdings in shares of TCW Transform Systems ETF by 3.7% during the fourth quarter. &PARTNERS now owns 4,943 shares of the technology company’s stock worth $475,000 after purchasing an additional 175 shares during the last quarter. WJ Wealth Management LLC lifted its position in TCW Transform Systems ETF by 0.3% during the fourth quarter. WJ Wealth Management LLC now owns 71,101 shares of the technology company’s stock valued at $6,837,000 after purchasing an additional 179 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in TCW Transform Systems ETF by 7.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,707 shares of the technology company’s stock valued at $356,000 after purchasing an additional 250 shares during the period. 52.75% of the stock is owned by hedge funds and other institutional investors.

About TCW Transform Systems ETF

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.