TCW Compounders ETF (NASDAQ:GRW) Sees Large Decrease in Short Interest

TCW Compounders ETF (NASDAQ:GRW) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,519 shares, a drop of 33.4% from the September 30th total of 5,282 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 9,817 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of TCW Compounders ETF

An institutional investor recently raised its position in TCW Compounders ETF stock. Citadel Advisors LLC lifted its position in TCW Compounders ETF (NASDAQ:GRW) by 77.9% during the 2nd quarter, according to the company in its most recent 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 0.71% of TCW Compounders ETF worth $468,000 at the end of the most recent reporting period.

TCW Compounders ETF Trading Up 0.7%

GRW stock opened at $31.17 on Wednesday. TCW Compounders ETF has a 1-year low of $26.63 and a 1-year high of $33.03. The firm has a market cap of $57.98 million, a P/E ratio of 42.06 and a beta of 0.87. The business’s 50 day moving average is $31.09 and its 200-day moving average is $30.68.

TCW Compounders ETF Company Profile

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.