TCW High Yield Bond ETF (NYSE:HYBX – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 231 shares, a drop of 97.1% from the August 15th total of 8,002 shares. Based on an average trading volume of 952 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.
Hedge Funds Weigh In On TCW High Yield Bond ETF
Institutional investors have recently added to or reduced their stakes in the business. TCW Group Inc. acquired a new position in shares of TCW High Yield Bond ETF during the 4th quarter valued at about $3,561,000. Jane Street Group LLC purchased a new stake in TCW High Yield Bond ETF in the fourth quarter valued at approximately $717,000. Raymond James Financial Inc. purchased a new stake in TCW High Yield Bond ETF in the second quarter valued at approximately $163,000. Susquehanna International Group LLP increased its position in TCW High Yield Bond ETF by 20.4% during the third quarter. Susquehanna International Group LLP now owns 23,396 shares of the company’s stock worth $718,000 after purchasing an additional 3,971 shares during the last quarter. Finally, Bank of America Corp DE purchased a new position in TCW High Yield Bond ETF during the fourth quarter worth approximately $42,000.
TCW High Yield Bond ETF Trading Down 0.1%
HYBX traded down $0.04 during trading on Friday, hitting $29.34. The company’s stock had a trading volume of 15,050 shares, compared to its average volume of 3,096. TCW High Yield Bond ETF has a twelve month low of $29.25 and a twelve month high of $30.94. The firm’s 50 day moving average price is $29.58 and its 200-day moving average price is $29.72.
About TCW High Yield Bond ETF
The TCW High Yield Bond ETF (HYBX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to invest in global government and corporate securities rated as high yield, within a broad range of maturities. HYBX was launched on Feb 1, 1989 and is issued by TCW.
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