TCW Transform 500 ETF (NASDAQ:VOTE) Stock Short Interest Climbs 486.2%

TCW Transform 500 ETF (NASDAQ:VOTE) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 6,149 shares, a growth of 486.2% from the September 15th total of 1,049 shares. Based on an average daily volume of 38,322 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

TCW Transform 500 ETF Price Performance

VOTE stock opened at $91.89 on Friday. The firm has a market cap of $1.15 billion, a PE ratio of 25.32 and a beta of 1.01. TCW Transform 500 ETF has a 12 month low of $73.89 and a 12 month high of $92.19. The firm has a 50 day simple moving average of $90.47 and a 200 day simple moving average of $89.21.

TCW Transform 500 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Tuesday, September 22nd were given a dividend of $0.2273 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from TCW Transform 500 ETF’s previous quarterly dividend of $0.2242. The ex-dividend date of this dividend was Tuesday, September 22nd.

Hedge Funds Weigh In On TCW Transform 500 ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. SHP Wealth Management acquired a new position in shares of TCW Transform 500 ETF in the fourth quarter worth about $52,000. Farther Finance Advisors LLC raised its holdings in shares of TCW Transform 500 ETF by 14.4% during the third quarter. Farther Finance Advisors LLC now owns 1,349 shares of the company’s stock valued at $121,000 after acquiring an additional 170 shares during the period. AdvisorNet Financial Inc raised its holdings in shares of TCW Transform 500 ETF by 23.1% during the first quarter. AdvisorNet Financial Inc now owns 1,421 shares of the company’s stock valued at $108,000 after acquiring an additional 267 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of TCW Transform 500 ETF in the 2nd quarter valued at approximately $128,000. Finally, Stark Wealth Management LLC purchased a new stake in shares of TCW Transform 500 ETF in the 4th quarter valued at approximately $279,000.

TCW Transform 500 ETF Company Profile

The Engine No. 1 Transform 500 ETF (VOTE) is an exchange-traded fund that is based on the Morningstar US Large Cap Select index. The ETF currently has 410.2m in AUM and 505 holdings. VOTE tracks a market-cap-weighted index consisting of large-cap US stocks VOTE was launched on Jun 22, 2021 and is managed by Engine No. 1.