TCW Transform 500 ETF (BATS:VOTE) Sees Significant Decline in Short Interest

TCW Transform 500 ETF (BATS:VOTE) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 4,200 shares, a drop of 75.0% from the August 15th total of 16,800 shares. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On TCW Transform 500 ETF

A number of large investors have recently modified their holdings of VOTE. Rossby Financial LCC bought a new stake in TCW Transform 500 ETF during the first quarter valued at approximately $32,000. AdvisorNet Financial Inc lifted its position in TCW Transform 500 ETF by 16.8% during the second quarter. AdvisorNet Financial Inc now owns 975 shares of the company’s stock valued at $71,000 after purchasing an additional 140 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in TCW Transform 500 ETF during the second quarter valued at approximately $87,000. Fairman Group LLC lifted its holdings in shares of TCW Transform 500 ETF by 123.0% in the 2nd quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock worth $168,000 after acquiring an additional 1,273 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of TCW Transform 500 ETF in the 2nd quarter worth approximately $176,000.

TCW Transform 500 ETF Price Performance

VOTE stock opened at $77.51 on Friday. The company has a 50 day moving average price of $74.86 and a 200 day moving average price of $69.76. The company has a market capitalization of $869.67 million, a price-to-earnings ratio of 25.32 and a beta of 1.02.

About TCW Transform 500 ETF

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.