TCW Transform Systems ETF (NASDAQ:PWRD) Short Interest Up 84.5% in June

TCW Transform Systems ETF (NASDAQ:PWRD) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 58,564 shares, an increase of 84.5% from the June 15th total of 31,734 shares. Based on an average trading volume of 107,921 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the company’s shares are short sold.

TCW Transform Systems ETF Price Performance

Shares of NASDAQ:PWRD opened at $110.19 on Friday. The business has a 50-day moving average of $114.23 and a two-hundred day moving average of $107.06. The firm has a market capitalization of $1.44 billion, a PE ratio of 54.01 and a beta of 1.18. TCW Transform Systems ETF has a 12 month low of $88.80 and a 12 month high of $123.23.

TCW Transform Systems ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd were given a dividend of $0.0607 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 23rd. TCW Transform Systems ETF’s dividend payout ratio is 2.94%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Dynasty Wealth Management LLC grew its stake in TCW Transform Systems ETF by 63.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock worth $509,927,000 after buying an additional 2,061,596 shares during the period. JPMorgan Chase & Co. increased its position in shares of TCW Transform Systems ETF by 18.9% in the fourth quarter. JPMorgan Chase & Co. now owns 3,029,797 shares of the technology company’s stock worth $291,332,000 after acquiring an additional 480,792 shares in the last quarter. OpenArc Corporate Advisory LLC purchased a new position in shares of TCW Transform Systems ETF in the 4th quarter valued at $160,621,000. Quotient Wealth Partners LLC raised its stake in shares of TCW Transform Systems ETF by 41.0% in the 1st quarter. Quotient Wealth Partners LLC now owns 933,031 shares of the technology company’s stock valued at $91,219,000 after acquiring an additional 271,444 shares during the period. Finally, WCG Wealth Advisors LLC lifted its holdings in shares of TCW Transform Systems ETF by 192.9% during the 4th quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock valued at $34,601,000 after acquiring an additional 236,974 shares in the last quarter. Hedge funds and other institutional investors own 52.75% of the company’s stock.

TCW Transform Systems ETF Company Profile

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.