Short Interest in TCW High Yield Bond ETF (NYSE:HYBX) Drops By 97.1%

TCW High Yield Bond ETF (NYSE:HYBX) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 231 shares, a decline of 97.1% from the August 15th total of 8,002 shares. Based on an average daily volume of 952 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On TCW High Yield Bond ETF

Several institutional investors have recently bought and sold shares of the business. TCW Group Inc. bought a new stake in TCW High Yield Bond ETF during the 4th quarter valued at $3,561,000. Clear Point Advisors Inc. grew its position in shares of TCW High Yield Bond ETF by 2.7% during the 4th quarter. Clear Point Advisors Inc. now owns 32,882 shares of the company’s stock worth $984,000 after buying an additional 863 shares during the period. Jane Street Group LLC lifted its position in TCW High Yield Bond ETF by 166.6% in the 2nd quarter. Jane Street Group LLC now owns 25,502 shares of the company’s stock valued at $781,000 after acquiring an additional 15,938 shares in the last quarter. Susquehanna International Group LLP grew its stake in TCW High Yield Bond ETF by 20.4% in the third quarter. Susquehanna International Group LLP now owns 23,396 shares of the company’s stock valued at $718,000 after purchasing an additional 3,971 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in TCW High Yield Bond ETF during the 2nd quarter worth $163,000.

TCW High Yield Bond ETF Trading Down 0.1%

Shares of HYBX traded down $0.04 during midday trading on Friday, hitting $29.34. 14,941 shares of the stock were exchanged, compared to its average volume of 3,095. The stock has a fifty day simple moving average of $29.58 and a 200 day simple moving average of $29.72. TCW High Yield Bond ETF has a 52-week low of $29.25 and a 52-week high of $30.94.

About TCW High Yield Bond ETF

The TCW High Yield Bond ETF (HYBX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to invest in global government and corporate securities rated as high yield, within a broad range of maturities. HYBX was launched on Feb 1, 1989 and is issued by TCW.