TCW Core Plus Bond ETF (NYSE:FIXT) Sees Significant Decline in Short Interest

TCW Core Plus Bond ETF (NYSE:FIXT) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 4,098 shares, a drop of 81.2% from the July 15th total of 21,800 shares. Based on an average daily trading volume, of 35,591 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

TCW Core Plus Bond ETF Stock Performance

Shares of FIXT stock traded down $0.13 during trading on Friday, hitting $37.25. The company had a trading volume of 3,993 shares, compared to its average volume of 18,300. The firm has a market capitalization of $226.48 million, a P/E ratio of 28.48 and a beta of 0.09. TCW Core Plus Bond ETF has a one year low of $37.04 and a one year high of $39.35. The stock’s 50-day moving average price is $37.45 and its 200 day moving average price is $37.80.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. CWM LLC raised its position in TCW Core Plus Bond ETF by 7.1% in the fourth quarter. CWM LLC now owns 4,549 shares of the company’s stock valued at $174,000 after purchasing an additional 303 shares during the last quarter. Merit Financial Group LLC increased its stake in shares of TCW Core Plus Bond ETF by 2.2% in the fourth quarter. Merit Financial Group LLC now owns 50,158 shares of the company’s stock valued at $1,917,000 after buying an additional 1,068 shares during the period. Godfrey Financial Associates Inc. bought a new position in TCW Core Plus Bond ETF in the 4th quarter valued at approximately $48,000. LPL Financial LLC boosted its position in TCW Core Plus Bond ETF by 18.5% during the 4th quarter. LPL Financial LLC now owns 34,172 shares of the company’s stock worth $1,306,000 after buying an additional 5,334 shares during the period. Finally, Osaic Holdings Inc. boosted its position in TCW Core Plus Bond ETF by 10.7% during the 4th quarter. Osaic Holdings Inc. now owns 71,240 shares of the company’s stock worth $2,723,000 after buying an additional 6,860 shares during the period.

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.