PWRD Short Volume

TCW Transform Systems ETF (PWRD) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $811.1M, listed on NASDAQ, carrying a beta of 1.22 to the broader market. The PWRD exchange-traded fund (ETF) comprises a focused selection of equities, investing in companies poised to lead and profit from the global shift towards a net-zero carbon economy. Led by Eli Horton, public since 2022-02-03.

Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.

Latest Date
2026-06-30
Short Volume
40.6K
Total Volume
47.3K
Short %
85.85%
30-Day Avg Short %
47.31%

Showing 30 days of FINRA short volume data for TCW Transform Systems ETF.

Learn how short volume is reported and how to read the data →

Frequently asked PWRD short volume questions

What is the daily PWRD short volume?
As of Jun 30, 2026, TCW Transform Systems ETF (PWRD) short volume is 40.6K shares against 47.3K total reported volume, or 85.85% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is PWRD short volume reported?
FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
What does PWRD short volume tell options traders?
Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.