PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Up 191.5% in December

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 179,372 shares, a growth of 191.5% from the December 15th total of 61,543 shares. Based on an average daily volume of 87,718 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.1% of the shares of the stock are sold short. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily volume of 87,718 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Trading of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Institutional investors have recently made changes to their positions in the company. Burns J W & Co. Inc. NY increased its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 3,273 shares of the company’s stock worth $310,000 after acquiring an additional 158 shares during the period. Strategic Advocates LLC increased its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 30.0% during the 3rd quarter. Strategic Advocates LLC now owns 57,791 shares of the company’s stock worth $5,529,000 after purchasing an additional 13,347 shares during the period. Ameriprise Financial Inc. raised its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 124,656 shares of the company’s stock valued at $11,857,000 after purchasing an additional 6,822 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 73.8% during the third quarter. BNP Paribas Financial Markets now owns 35,800 shares of the company’s stock worth $3,425,000 after buying an additional 15,200 shares in the last quarter. Finally, CKW Financial Group increased its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.6% during the third quarter. CKW Financial Group now owns 4,423 shares of the company’s stock worth $422,000 after buying an additional 234 shares during the period.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Price Performance

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded up $0.06 during midday trading on Tuesday, hitting $95.27. 68,436 shares of the stock were exchanged, compared to its average volume of 200,787. The stock’s 50-day simple moving average is $94.93 and its 200 day simple moving average is $95.00. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a fifty-two week low of $86.65 and a fifty-two week high of $95.88.

About PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.