TCW Transform Systems ETF (NASDAQ:PWRD) Shares Shorted: Short Interest Down 48.8% in September

TCW Transform Systems ETF (NASDAQ:PWRD) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 14,235 shares, a drop of 48.8% from the September 15th total of 27,825 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 76,804 shares, the short-interest ratio is presently 0.2 days.

TCW Transform Systems ETF Price Performance

Shares of PWRD stock traded down $1.28 on Thursday, reaching $100.81. 136,688 shares of the stock were exchanged, compared to its average volume of 95,252. The stock has a market cap of $1.45 billion, a PE ratio of 49.42 and a beta of 1.18. TCW Transform Systems ETF has a one year low of $90.58 and a one year high of $123.23. The stock has a 50 day moving average price of $107.45 and a 200 day moving average price of $109.83.

Institutional Trading of TCW Transform Systems ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PWRD. WealthTrust Asset Management LLC grew its stake in shares of TCW Transform Systems ETF by 5.4% during the first quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock worth $231,000 after purchasing an additional 122 shares during the period. Trademark Financial Management LLC increased its holdings in TCW Transform Systems ETF by 2.1% in the first quarter. Trademark Financial Management LLC now owns 8,478 shares of the technology company’s stock valued at $829,000 after purchasing an additional 172 shares during the last quarter. Bellevue Asset Management LLC lifted its stake in TCW Transform Systems ETF by 1.6% in the first quarter. Bellevue Asset Management LLC now owns 21,672 shares of the technology company’s stock valued at $2,119,000 after buying an additional 340 shares during the period. Fairvoy Private Wealth LLC lifted its stake in TCW Transform Systems ETF by 4.8% in the first quarter. Fairvoy Private Wealth LLC now owns 10,471 shares of the technology company’s stock valued at $1,024,000 after buying an additional 477 shares during the period. Finally, First Heartland Consultants Inc. lifted its stake in TCW Transform Systems ETF by 5.9% in the second quarter. First Heartland Consultants Inc. now owns 9,699 shares of the technology company’s stock valued at $1,193,000 after buying an additional 544 shares during the period. 52.75% of the stock is currently owned by institutional investors and hedge funds.

TCW Transform Systems ETF Company Profile

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.