TCW Compounders ETF (NASDAQ:GRW) Sees Significant Decline in Short Interest

TCW Compounders ETF (NASDAQ:GRW) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 4,410 shares, a decrease of 50.9% from the August 31st total of 8,981 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 4,126 shares, the short-interest ratio is currently 1.1 days.

TCW Compounders ETF Price Performance

Shares of NASDAQ:GRW traded up $0.04 during trading on Thursday, hitting $30.90. 1,705 shares of the company were exchanged, compared to its average volume of 12,722. The firm’s 50 day moving average price is $31.43 and its 200-day moving average price is $30.71. TCW Compounders ETF has a 12-month low of $26.63 and a 12-month high of $33.03. The stock has a market capitalization of $61.80 million, a P/E ratio of 42.06 and a beta of 0.88.

Institutional Investors Weigh In On TCW Compounders ETF

An institutional investor recently raised its position in TCW Compounders ETF stock. Citadel Advisors LLC lifted its position in shares of TCW Compounders ETF (NASDAQ:GRW) by 77.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,536 shares of the company’s stock after purchasing an additional 6,363 shares during the period. Citadel Advisors LLC owned about 0.71% of TCW Compounders ETF worth $468,000 at the end of the most recent reporting period.

TCW Compounders ETF Company Profile

The TCW Compounders ETF (GRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equity securities of companies benefiting from economic transformation. It emphasizes large-cap companies and seeks long-term growth of capital. GRW was launched on May 6, 2024 and is issued by TCW.