TCW Artificial Intelligence ETF (NASDAQ:AIFD) Stock Short Interest Report for October

TCW Artificial Intelligence ETF (NASDAQ:AIFD) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 38,048 shares, an increase of 427.9% from the September 30th total of 7,208 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily volume of 11,455 shares, the days-to-cover ratio is presently 3.3 days.

Hedge Funds Weigh In On TCW Artificial Intelligence ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its stake in shares of TCW Artificial Intelligence ETF by 15.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 19,300 shares of the company’s stock valued at $1,070,000 after purchasing an additional 2,607 shares during the last quarter. Citadel Advisors LLC boosted its position in TCW Artificial Intelligence ETF by 42.2% during the second quarter. Citadel Advisors LLC now owns 9,805 shares of the company’s stock valued at $544,000 after acquiring an additional 2,909 shares during the last quarter. GK Wealth Management LLC acquired a new stake in TCW Artificial Intelligence ETF during the 2nd quarter worth about $437,000. Revisor Wealth Management LLC grew its holdings in TCW Artificial Intelligence ETF by 7.2% during the 3rd quarter. Revisor Wealth Management LLC now owns 5,956 shares of the company’s stock worth $307,000 after acquiring an additional 398 shares during the period. Finally, Cyndeo Wealth Partners LLC raised its position in shares of TCW Artificial Intelligence ETF by 16.2% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 5,046 shares of the company’s stock worth $273,000 after acquiring an additional 705 shares in the last quarter.

TCW Artificial Intelligence ETF Stock Performance

Shares of TCW Artificial Intelligence ETF stock traded up $1.50 during trading on Tuesday, reaching $50.87. 7,534 shares of the company’s stock were exchanged, compared to its average volume of 17,754. TCW Artificial Intelligence ETF has a 1-year low of $33.69 and a 1-year high of $57.80. The company has a market cap of $133.29 million, a P/E ratio of 42.59 and a beta of 1.75. The firm’s 50-day moving average price is $52.32 and its 200 day moving average price is $47.39.

TCW Artificial Intelligence ETF Company Profile

The TCW Artificial Intelligence ETF (AIFD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global equity securities of companies focusing on and benefiting from artificial intelligence. It primarily selects growth companies and seeks long-term growth of capital. AIFD was launched on May 6, 2024 and is issued by TCW.