TCW Senior Loan ETF (NYSE:SLNZ) Shares Shorted: Short Interest Up 938.0% in September

TCW Senior Loan ETF (NYSE:SLNZ) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,865 shares, an increase of 938.0% from the August 31st total of 276 shares. Based on an average daily volume of 1,148 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.1% of the company’s stock are short sold.

TCW Senior Loan ETF Stock Performance

SLNZ traded down $0.08 during trading on Thursday, hitting $45.64. 828 shares of the company’s stock were exchanged, compared to its average volume of 7,907. The business’s 50 day moving average is $45.69 and its two-hundred day moving average is $45.56. TCW Senior Loan ETF has a fifty-two week low of $44.58 and a fifty-two week high of $47.13.

About TCW Senior Loan ETF

The TCW Senior Loan ETF (SLNZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a focus on global senior loans of any credit quality and maturity bracket. The investment objective is to provide diversification in the fixed income space. SLNZ was launched on Jun 28, 2013 and is issued by TCW.