TCW Transform Systems ETF (NASDAQ:PWRD) Short Interest Up 280.1% in August

TCW Transform Systems ETF (NASDAQ:PWRD) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 62,883 shares, a growth of 280.1% from the July 30th total of 16,544 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 58,381 shares, the short-interest ratio is presently 1.1 days.

TCW Transform Systems ETF Stock Down 2.3%

Shares of PWRD traded down $2.52 during mid-day trading on Friday, hitting $105.99. 60,945 shares of the company’s stock were exchanged, compared to its average volume of 93,756. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 51.96 and a beta of 1.19. The firm has a fifty day moving average of $112.73 and a two-hundred day moving average of $109.35. TCW Transform Systems ETF has a twelve month low of $89.13 and a twelve month high of $123.23.

TCW Transform Systems ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.0607 per share. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 23rd. TCW Transform Systems ETF’s dividend payout ratio is presently 2.94%.

Institutional Trading of TCW Transform Systems ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Triumph Capital Management acquired a new position in shares of TCW Transform Systems ETF during the 3rd quarter valued at about $77,000. Fifth Third Bancorp acquired a new stake in TCW Transform Systems ETF in the 1st quarter worth approximately $79,000. Osaic Holdings Inc. bought a new stake in TCW Transform Systems ETF during the second quarter worth approximately $112,000. WealthTrust Asset Management LLC boosted its position in 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. Finally, One Capital Management LLC acquired a new position in TCW Transform Systems ETF during the third quarter valued at approximately $271,000. Institutional investors and hedge funds own 52.75% of the company’s stock.

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.