Short Interest in TCW Core Plus Bond ETF (NYSE:FIXT) Increases By 987.0%

TCW Core Plus Bond ETF (NYSE:FIXT) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 43,937 shares, an increase of 987.0% from the May 31st total of 4,042 shares. Based on an average daily volume of 16,941 shares, the short-interest ratio is presently 2.6 days. Currently, 0.8% of the shares of the company are sold short.

TCW Core Plus Bond ETF Stock Performance

Shares of FIXT traded up $0.01 during trading hours on Friday, hitting $37.88. The stock had a trading volume of 98,529 shares, compared to its average volume of 15,292. The firm has a 50-day moving average price of $37.65 and a 200 day moving average price of $38.03. TCW Core Plus Bond ETF has a fifty-two week low of $37.12 and a fifty-two week high of $39.35. The firm has a market capitalization of $212.13 million, a price-to-earnings ratio of 28.48 and a beta of 0.28.

Institutional Investors Weigh In On TCW Core Plus Bond ETF

Several hedge funds have recently modified their holdings of FIXT. Morgan Stanley increased its stake in shares of TCW Core Plus Bond ETF by 3.7% in the 4th quarter. Morgan Stanley now owns 2,212,609 shares of the company’s stock valued at $84,566,000 after purchasing an additional 78,846 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in TCW Core Plus Bond ETF by 1.6% in the third quarter. Envestnet Asset Management Inc. now owns 73,648 shares of the company’s stock valued at $2,848,000 after purchasing an additional 1,186 shares during the period. JPMorgan Chase & Co. acquired a new stake in TCW Core Plus Bond ETF in the second quarter valued at approximately $2,736,000. Osaic Holdings Inc. increased its position in shares of TCW Core Plus Bond ETF by 10.7% in the fourth quarter. Osaic Holdings Inc. now owns 71,240 shares of the company’s stock valued at $2,723,000 after buying an additional 6,860 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of TCW Core Plus Bond ETF by 527.6% during the 4th quarter. Wells Fargo & Company MN now owns 64,833 shares of the company’s stock worth $2,478,000 after buying an additional 54,503 shares during the period.

TCW Core Plus Bond ETF Company Profile

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.