TCW Transform Systems ETF (NASDAQ:PWRD) Short Interest Down 80.5% in April

TCW Transform Systems ETF (NASDAQ:PWRD) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 29,871 shares, a decrease of 80.5% from the April 15th total of 152,933 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 85,792 shares, the days-to-cover ratio is presently 0.3 days.

TCW Transform Systems ETF Stock Up 0.9%

Shares of NASDAQ:PWRD traded up $1.03 during trading on Thursday, hitting $114.52. 60,150 shares of the company were exchanged, compared to its average volume of 87,431. The business’s 50 day moving average is $105.34 and its 200-day moving average is $101.87. The company has a market capitalization of $1.49 billion, a P/E ratio of 56.14 and a beta of 1.22. TCW Transform Systems ETF has a 1-year low of $79.33 and a 1-year high of $116.39.

Institutional Investors Weigh In On TCW Transform Systems ETF

Hedge funds have recently modified their holdings of the company. Key Capital Management INC acquired a new stake in shares of TCW Transform Systems ETF during the 4th quarter valued at $30,000. Financially Speaking Inc acquired a new stake in shares of TCW Transform Systems ETF during the 3rd quarter valued at $54,000. Triumph Capital Management acquired a new stake in shares of TCW Transform Systems ETF during the 3rd quarter valued at $77,000. Fifth Third Bancorp acquired a new stake in shares of TCW Transform Systems ETF during the 1st quarter valued at $79,000. Finally, Osaic Holdings Inc. bought a new stake in TCW Transform Systems ETF during the 2nd quarter worth approximately $112,000. Institutional investors and hedge funds 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.