TCW Flexible Income ETF (NYSE:FLXR) Stock Short Interest Climbs 76.6%

TCW Flexible Income ETF (NYSE:FLXR) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 261,587 shares, an increase of 76.6% from the August 31st total of 148,084 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 467,467 shares, the days-to-cover ratio is presently 0.6 days.

TCW Flexible Income ETF Trading Down 0.0%

Shares of FLXR stock traded down $0.01 during trading hours on Tuesday, hitting $37.96. 678,287 shares of the company were exchanged, compared to its average volume of 429,538. TCW Flexible Income ETF has a 1 year low of $37.86 and a 1 year high of $39.97. The firm has a fifty day moving average of $38.71 and a 200 day moving average of $39.01.

Institutional Trading of TCW Flexible Income ETF

Several large investors have recently modified their holdings of the business. CoreCap Advisors LLC bought a new position in shares of TCW Flexible Income ETF during the second quarter worth about $37,000. IFP Advisors Inc increased its holdings in shares of TCW Flexible Income ETF by 35.6% in the 2nd quarter. IFP Advisors Inc now owns 3,205 shares of the company’s stock worth $126,000 after acquiring an additional 841 shares during the period. World Investment Advisors acquired a new position in shares of TCW Flexible Income ETF during the fourth quarter worth approximately $273,000. Ameritas Advisory Services LLC acquired a new position in TCW Flexible Income ETF during the 2nd quarter worth $273,000. Finally, Breakwater Capital Group bought a new position in TCW Flexible Income ETF in the 2nd quarter valued at about $328,000.

TCW Flexible Income ETF Company Profile

The TCW Flexible Income ETF (FLXR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that seeks to provide consistent income. The fund has the flexibility to invest across a wide spectrum of security type, credit quality and maturity profiles FLXR was launched on Nov 30, 2018 and is issued by TCW.