TCW Transform Systems ETF (NASDAQ:PWRD) Short Interest Down 33.5% in July

TCW Transform Systems ETF (NASDAQ:PWRD) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 38,945 shares, a drop of 33.5% from the June 30th total of 58,564 shares. Based on an average daily trading volume, of 79,829 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

TCW Transform Systems ETF Stock Up 1.4%

Shares of PWRD stock opened at $107.94 on Friday. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 52.91 and a beta of 1.18. The firm’s 50 day moving average price is $113.64 and its two-hundred day moving average price is $107.86. TCW Transform Systems ETF has a fifty-two week low of $89.13 and a fifty-two week high of $123.23.

TCW Transform Systems ETF Announces Dividend

The firm also recently disclosed 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 annualized dividend 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 (DPR) is presently 2.94%.

Institutional Trading of TCW Transform Systems ETF

Large investors have recently added to or reduced their stakes in the business. Dynasty Wealth Management LLC increased its stake in shares of TCW Transform Systems ETF by 63.6% during the 4th quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock worth $509,927,000 after purchasing an additional 2,061,596 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of TCW Transform Systems ETF by 18.9% in the 4th quarter. JPMorgan Chase & Co. now owns 3,029,797 shares of the technology company’s stock valued at $291,332,000 after purchasing an additional 480,792 shares during the last quarter. OpenArc Corporate Advisory LLC bought a new stake in TCW Transform Systems ETF in the fourth quarter worth $160,621,000. Quotient Wealth Partners LLC boosted its holdings in TCW Transform Systems ETF by 41.0% in the first quarter. Quotient Wealth Partners LLC now owns 933,031 shares of the technology company’s stock worth $91,219,000 after purchasing an additional 271,444 shares in the last quarter. Finally, WCG Wealth Advisors LLC boosted its holdings in TCW Transform Systems ETF by 192.9% in the fourth quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock worth $34,601,000 after purchasing an additional 236,974 shares in the last quarter. 52.75% of the stock is owned by institutional investors.

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.