TCW Flexible Income ETF (NYSE:FLXR) Sees Significant Decrease in Short Interest

TCW Flexible Income ETF (NYSE:FLXR – Get Free Report) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 58,087 shares, a decline of 79.5% from the October 15th total of 283,280 shares. Based on an average daily volume of 1,224,087 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On TCW Flexible Income ETF

A number of large investors have recently added to or reduced their stakes in FLXR. Bank of America Corp DE increased its stake in shares of TCW Flexible Income ETF by 29.4% during the 1st quarter. Bank of America Corp DE now owns 6,207,962 shares of the company’s stock worth $243,787,000 after purchasing an additional 1,409,031 shares during the last quarter. First Pacific Financial lifted its holdings in TCW Flexible Income ETF by 2.1% during the 3rd quarter. First Pacific Financial now owns 2,406,410 shares of the company’s stock valued at $91,275,000 after purchasing an additional 49,324 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in TCW Flexible Income ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,158,257 shares of the company’s stock valued at $84,625,000 after purchasing an additional 627,369 shares during the last quarter. Morton Capital Management LLC CA boosted its position in TCW Flexible Income ETF by 2.5% during the third quarter. Morton Capital Management LLC CA now owns 1,878,081 shares of the company’s stock worth $71,236,000 after purchasing an additional 45,833 shares during the period. Finally, Francis Financial Inc. boosted its position in TCW Flexible Income ETF by 11.8% during the third quarter. Francis Financial Inc. now owns 1,421,488 shares of the company’s stock worth $53,917,000 after purchasing an additional 150,135 shares during the period.

TCW Flexible Income ETF Trading Down 0.4%

Shares of NYSE FLXR traded down $0.16 during trading on Thursday, reaching $37.83. The company had a trading volume of 538,624 shares, compared to its average volume of 543,750. TCW Flexible Income ETF has a 52 week low of $36.03 and a 52 week high of $39.90. The business’s 50 day moving average price is $38.10 and its 200-day moving average price is $38.94.

About TCW Flexible Income ETF

(Get Free Report)

The TCW Flexible Income ETF (FLXR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that seeks to provide consistent income. The fund has the flexibility to invest across a wide spectrum of security type, credit quality and maturity profiles FLXR was launched on Nov 30, 2018 and is issued by TCW.

Featured Articles

Receive News & Ratings for TCW Flexible Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TCW Flexible Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.