TCW Strategic Income Fund, Inc. (NYSE:TSI) Short Interest Update

TCW Strategic Income Fund, Inc. (NYSE:TSIGet Rating) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 9,400 shares, a decrease of 84.1% from the April 30th total of 59,200 shares. Based on an average trading volume of 121,100 shares, the short-interest ratio is presently 0.1 days.

Shares of TCW Strategic Income Fund stock traded up $0.02 during trading hours on Thursday, hitting $4.94. The company’s stock had a trading volume of 5 shares, compared to its average volume of 110,909. TCW Strategic Income Fund has a 1-year low of $4.86 and a 1-year high of $5.96. The business has a fifty day moving average of $5.02 and a 200 day moving average of $5.35.

The company also recently declared a quarterly dividend, which was paid on Friday, April 8th. Investors of record on Thursday, March 31st were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date of this dividend was Wednesday, March 30th.

Institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in TCW Strategic Income Fund by 165.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 6,544 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 4,075 shares during the last quarter. Creative Planning acquired a new position in shares of TCW Strategic Income Fund in the third quarter worth about $59,000. Atria Wealth Solutions Inc. acquired a new position in shares of TCW Strategic Income Fund in the first quarter worth about $77,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of TCW Strategic Income Fund during the fourth quarter worth approximately $95,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of TCW Strategic Income Fund during the first quarter worth approximately $107,000. Institutional investors own 29.89% of the company’s stock.

TCW Strategic Income Fund Company Profile (Get Rating)

TCW Strategic Income Fund, Inc is a close-ended balanced mutual fund launched by The TCW Group, Inc The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors.

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