Short Interest in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Rises By 558.7%

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSGet Free Report) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 107,487 shares, a growth of 558.7% from the April 30th total of 16,317 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 147,179 shares, the days-to-cover ratio is presently 0.7 days.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.1%

PIMCO Mortgage-Backed Securities Active ETF stock opened at $49.48 on Friday. The firm has a 50 day simple moving average of $49.48 and a 200 day simple moving average of $49.79. PIMCO Mortgage-Backed Securities Active ETF has a 1-year low of $47.90 and a 1-year high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Investors Weigh In On PIMCO Mortgage-Backed Securities Active ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the first quarter worth about $28,000. JPMorgan Chase & Co. purchased a new position in PIMCO Mortgage-Backed Securities Active ETF during the second quarter valued at approximately $152,000. Studio Investment Management LLC purchased a new position in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at approximately $203,000. Essex Bank bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter worth approximately $209,000. Finally, Columbia River Financial Group LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter worth approximately $245,000.

About PIMCO Mortgage-Backed Securities Active ETF

(Get Free Report)

The PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund invests in mortgage-backed securities, seeking actively managed risk-adjusted return potential. The fund aims to provide core, high-quality, intermediate-term exposure through fundamental selection and weighting. PMBS was launched on Sep 20, 2024 and is issued by PIMCO.

Read More

Receive News & Ratings for PIMCO Mortgage-Backed Securities Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Mortgage-Backed Securities Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.