PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 15,937 shares, a growth of 158.6% from the May 14th total of 6,162 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 168,849 shares, the short-interest ratio is currently 0.1 days.
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Price Performance
Shares of NYSEARCA:HYS traded up $0.04 during trading on Friday, hitting $93.43. The company had a trading volume of 84,740 shares, compared to its average volume of 150,201. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a one year low of $92.29 and a one year high of $95.88. The company has a fifty day simple moving average of $93.53 and a two-hundred day simple moving average of $94.18.
Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
A number of institutional investors and hedge funds have recently modified their holdings of the business. Arkadios Wealth Advisors lifted its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 101.4% during the 1st quarter. Arkadios Wealth Advisors now owns 23,792 shares of the company’s stock worth $2,219,000 after acquiring an additional 11,979 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.2% during the 1st quarter. Bank of New York Mellon Corp now owns 8,413 shares of the company’s stock worth $785,000 after acquiring an additional 491 shares during the last quarter. Advisors Preferred LLC bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $2,518,000. Hillsdale Investment Management Inc. lifted its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 21.0% during the 1st quarter. Hillsdale Investment Management Inc. now owns 6,925 shares of the company’s stock worth $646,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Ascentis Independent Advisors bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $37,000.
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile
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.
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