TCW Transform Systems ETF (NASDAQ:PWRD) Shares Shorted: Short Interest Down 48.8% in September

TCW Transform Systems ETF (NASDAQ:PWRD) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 14,235 shares, a decline of 48.8% from the September 15th total of 27,825 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 76,804 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of TCW Transform Systems ETF

A number of large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in TCW Transform Systems ETF in the 3rd quarter worth about $58,000. Fifth Third Bancorp purchased a new position in TCW Transform Systems ETF during the first quarter valued at approximately $79,000. WealthTrust Asset Management LLC increased its holdings in TCW Transform Systems ETF by 5.4% during the 1st quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock worth $231,000 after acquiring an additional 122 shares during the period. Rare Wolf Capital LLC bought a new position in TCW Transform Systems ETF in the 4th quarter valued at $332,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of TCW Transform Systems ETF during the 2nd quarter valued at $386,000. 52.75% of the stock is owned by hedge funds and other institutional investors.

TCW Transform Systems ETF Trading Down 3.5%

Shares of NASDAQ:PWRD traded down $3.68 during midday trading on Wednesday, reaching $101.78. The company had a trading volume of 30,238 shares, compared to its average volume of 94,761. The company’s 50 day moving average price is $107.66 and its 200 day moving average price is $109.79. The stock has a market cap of $1.46 billion, a P/E ratio of 49.94 and a beta of 1.18. TCW Transform Systems ETF has a 52-week low of $90.58 and a 52-week high of $123.23.

About TCW Transform Systems ETF

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.