Tcw Aaa Clo Etf (NYSE:ACLO) Stock Short Interest Jumps 893.7%

Tcw Aaa Clo Etf (NYSE:ACLO) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 53,918 shares, an increase of 893.7% from the September 30th total of 5,426 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 27,253 shares, the days-to-cover ratio is currently 2.0 days.

Hedge Funds Weigh In On Tcw Aaa Clo Etf

A number of large investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC purchased a new stake in shares of Tcw Aaa Clo Etf during the second quarter worth about $1,051,000. Blue Jean Financial LLC acquired a new position in shares of Tcw Aaa Clo Etf during the 3rd quarter worth about $1,767,000. Syon Capital LLC lifted its stake in Tcw Aaa Clo Etf by 63.9% in the 2nd quarter. Syon Capital LLC now owns 48,263 shares of the company’s stock valued at $2,437,000 after buying an additional 18,810 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Tcw Aaa Clo Etf by 0.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 101,993 shares of the company’s stock valued at $5,156,000 after buying an additional 793 shares in the last quarter.

Tcw Aaa Clo Etf Price Performance

Tcw Aaa Clo Etf stock traded up $0.03 during trading on Tuesday, reaching $50.54. The company had a trading volume of 5,572 shares, compared to its average volume of 41,730. The firm’s 50-day simple moving average is $50.45 and its 200 day simple moving average is $50.41. Tcw Aaa Clo Etf has a 1-year low of $50.15 and a 1-year high of $50.95.

About Tcw Aaa Clo Etf

The TCW AAA CLO ETF (ACLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to preserve capital and provide current income by actively investing in AAA-rated USD-denominated CLOs of any maturity. ACLO was launched on Nov 15, 2024 and is issued by TCW.