TCW Flexible Income ETF (NYSE:FLXR) Sees Significant Decrease in Short Interest

TCW Flexible Income ETF (NYSE:FLXR) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 58,087 shares, a decrease of 79.5% from the October 15th total of 283,280 shares. Based on an average trading volume of 1,224,087 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Benjamin Edwards Inc. bought a new position in TCW Flexible Income ETF in the third quarter valued at about $256,000. Alteri Wealth LLC boosted its position in TCW Flexible Income ETF by 8.1% during the 3rd quarter. Alteri Wealth LLC now owns 29,178 shares of the company’s stock worth $1,107,000 after buying an additional 2,196 shares during the period. Beckerman Institutional LLC grew its holdings in TCW Flexible Income ETF by 2.3% during the 3rd quarter. Beckerman Institutional LLC now owns 149,468 shares of the company’s stock worth $5,669,000 after acquiring an additional 3,401 shares during the last quarter. Global Retirement Partners LLC grew its holdings in TCW Flexible Income ETF by 2,027.4% during the 3rd quarter. Global Retirement Partners LLC now owns 420,912 shares of the company’s stock worth $15,965,000 after acquiring an additional 401,127 shares during the last quarter. Finally, Rothschild Investment LLC bought a new stake in shares of TCW Flexible Income ETF in the third quarter worth $28,000.

TCW Flexible Income ETF Trading Down 0.4%

TCW Flexible Income ETF stock traded down $0.16 during trading hours on Thursday, reaching $37.83. 538,624 shares of the stock were exchanged, compared to its average volume of 543,750. TCW Flexible Income ETF has a twelve month low of $36.03 and a twelve month high of $39.90. The stock has a 50 day moving average of $38.10 and a two-hundred day moving average of $38.94.

TCW Flexible Income ETF Company Profile

The TCW Flexible Income ETF (FLXR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that seeks to provide consistent income. The fund has the flexibility to invest across a wide spectrum of security type, credit quality and maturity profiles FLXR was launched on Nov 30, 2018 and is issued by TCW.