TCW Multisector Credit Income ETF (NYSE:MUSE) Sees Large Growth in Short Interest

TCW Multisector Credit Income ETF (NYSE:MUSE) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,187 shares, an increase of 904.5% from the August 31st total of 815 shares. Based on an average daily trading volume, of 4,297 shares, the short-interest ratio is currently 1.9 days. Currently, 1.0% of the shares of the company are short sold.

TCW Multisector Credit Income ETF Stock Down 0.0%

MUSE traded down $0.01 during trading on Thursday, hitting $49.01. The company’s stock had a trading volume of 1,706 shares, compared to its average volume of 493. The business’s 50 day simple moving average is $49.45 and its 200-day simple moving average is $49.57. TCW Multisector Credit Income ETF has a one year low of $48.77 and a one year high of $50.92.

About TCW Multisector Credit Income ETF

The TCW Multisector Credit Income ETF (MUSE) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that aims for long-term income. It invests in a broad basket of high-yielding fixed income securities globally MUSE was launched on Nov 15, 2024 and is issued by TCW.