Short Interest in TCW Compounders ETF (NYSEARCA:GRW) Drops By 35.8%

TCW Compounders ETF (NYSEARCA:GRW) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 26,200 shares, a decrease of 35.8% from the May 15th total of 40,800 shares. Based on an average daily volume of 16,400 shares, the short-interest ratio is currently 1.6 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. TCW Group Inc. grew its position in TCW Compounders ETF by 9.8% during the first quarter. TCW Group Inc. now owns 768,670 shares of the company’s stock worth $25,471,000 after buying an additional 68,792 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in TCW Compounders ETF by 6.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 303,305 shares of the company’s stock worth $10,050,000 after buying an additional 18,699 shares during the period. Capital & Planning LLC grew its position in shares of TCW Compounders ETF by 5.3% in the fourth quarter. Capital & Planning LLC now owns 223,211 shares of the company’s stock valued at $7,335,000 after purchasing an additional 11,252 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of TCW Compounders ETF in the first quarter valued at approximately $3,976,000. Finally, Sit Investment Associates Inc. acquired a new stake in shares of TCW Compounders ETF in the fourth quarter valued at approximately $1,313,000.

TCW Compounders ETF Trading Down 1.7%

Shares of GRW opened at $33.91 on Monday. The firm’s 50-day moving average is $33.53 and its two-hundred day moving average is $34.02. TCW Compounders ETF has a twelve month low of $29.35 and a twelve month high of $39.22. The firm has a market capitalization of $141.07 million and a P/E ratio of 41.67.

About TCW Compounders ETF

The TCW Compounders ETF (GRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equity securities of companies benefiting from economic transformation. It emphasizes large-cap companies and seeks long-term growth of capital. GRW was launched on May 6, 2024 and is issued by TCW.