Short Interest in TCW Transform 500 ETF (BATS:VOTE) Grows By 73.8%

TCW Transform 500 ETF (BATS:VOTE) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 7,300 shares, an increase of 73.8% from the August 31st total of 4,200 shares. Based on an average daily trading volume, of 23,300 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 23,300 shares, the short-interest ratio is currently 0.3 days.

TCW Transform 500 ETF Stock Performance

Shares of VOTE opened at $79.14 on Tuesday. The business’s fifty day simple moving average is $76.34 and its 200 day simple moving average is $71.07. The stock has a market cap of $887.91 million, a P/E ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Monday, September 22nd were paid a $0.2228 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, September 22nd.

Institutional Trading of TCW Transform 500 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rossby Financial LCC bought a new stake in shares of TCW Transform 500 ETF in the first quarter worth $32,000. AdvisorNet Financial Inc increased its stake in TCW Transform 500 ETF by 16.8% during the second quarter. AdvisorNet Financial Inc now owns 975 shares of the company’s stock valued at $71,000 after purchasing an additional 140 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in TCW Transform 500 ETF during the second quarter valued at $87,000. Fairman Group LLC increased its stake in TCW Transform 500 ETF by 123.0% during the second quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock valued at $168,000 after purchasing an additional 1,273 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in TCW Transform 500 ETF during the second quarter valued at $176,000.

TCW Transform 500 ETF Company Profile

The Engine No. 1 Transform 500 ETF (VOTE) is an exchange-traded fund that is based on the Morningstar US Large Cap Select index. The ETF currently has 410.2m in AUM and 505 holdings. VOTE tracks a market-cap-weighted index consisting of large-cap US stocks VOTE was launched on Jun 22, 2021 and is managed by Engine No.