TCW Transform Systems ETF (PWRD) Short Interest Ratio & Short Volume

Short interest is the volume of TCW Transform Systems ETF shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 9,300 shares of PWRD short. Learn More on TCW Transform Systems ETF's current short interest.

TCW Transform Systems ETF saw a drop in short interest in August. As of August 31st, there was short interest totaling 9,300 shares, a drop of 25.0% from the previous total of 12,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to TCW Transform Systems ETF: First Trust Nasdaq Oil & Gas ETF (0.21%), Invesco S&P SmallCap Energy ETF (0.47%), Invesco Dorsey Wright Energy Momentum ETF (0.04%), Global X Hydrogen ETF (0.19%), and Westwood Salient Enhanced Energy Income ETF (0.52%).

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($73.23 billion), Invesco QQQ ($29.52 billion), iShares Russell 2000 ETF ($20.82 billion), iShares 20+ Year Treasury Bond ETF ($10.76 billion), Palo Alto Networks, Inc. ($9.37 billion), Strategy Inc ($7.58 billion), Invesco S&P 500 Equal Weight ETF ($6.78 billion), SPDR S&P Biotech ETF ($6.72 billion), AppLovin Corporation ($6.37 billion), and iShares iBoxx $ Investment Grade Corporate Bond ETF ($6.29 billion). View all of the most shorted stocks.

Short selling PWRD is an investing strategy that aims to generate trading profit from TCW Transform Systems ETF as its price is falling. PWRD shares are trading down $0.20 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for TCW Transform Systems ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PWRD, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PWRD, twice per month. The most recent reporting period available is August, 31 2025.