TCW Corporate Bond ETF (NYSE:IGCB) Shares Shorted: Short Interest Up 2,800.0% in September

by · The Markets Daily

TCW Corporate Bond ETF (NYSE:IGCB – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 87 shares, an increase of 2,800.0% from the August 31st total of 3 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 652 shares, the short-interest ratio is currently 0.1 days.

TCW Corporate Bond ETF Trading Down 0.8%

Shares of NYSE:IGCB traded down $0.35 on Thursday, reaching $43.87. The company had a trading volume of 30 shares, compared to its average volume of 1,766. TCW Corporate Bond ETF has a 52-week low of $43.78 and a 52-week high of $47.37. The firm’s 50 day simple moving average is $44.79 and its 200-day simple moving average is $45.44.

Institutional Trading of TCW Corporate Bond ETF

A hedge fund recently raised its position in TCW Corporate Bond ETF stock. Citadel Advisors LLC grew its position in TCW Corporate Bond ETF (NYSE:IGCB – Free Report) by 20.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,130 shares of the company’s stock after buying an additional 1,880 shares during the period. Citadel Advisors LLC owned 1.22% of TCW Corporate Bond ETF worth $511,000 at the end of the most recent quarter.

About TCW Corporate Bond ETF

(Get Free Report)

The TCW Corporate Bond ETF (IGCB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund takes an active approach to holding US investment grade and high yield corporate securities, with an average duration of three to nine years. IGCB was launched on Jun 29, 2018 and is issued by TCW.

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