PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD – Get Free Report) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 620 shares, a decline of 94.5% from the July 30th total of 11,190 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 17,658 shares, the short-interest ratio is presently 0.0 days.
PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Stock Up 0.2%
NYSEARCA PRFD traded up $0.09 during trading hours on Tuesday, reaching $50.74. The company’s stock had a trading volume of 6,346 shares, compared to its average volume of 17,725. The firm has a fifty day simple moving average of $50.84 and a 200-day simple moving average of $51.12. PIMCO Preferred and Capital Securities Active Exchange-Traded Fund has a 52 week low of $50.32 and a 52 week high of $52.60.
Hedge Funds Weigh In On PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
Hedge funds have recently modified their holdings of the business. Birchwood Financial Partners Inc. acquired a new position in shares of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund in the fourth quarter worth approximately $229,000. JPMorgan Chase & Co. boosted its holdings in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund by 44,286.4% in the third quarter. JPMorgan Chase & Co. now owns 19,530 shares of the company’s stock valued at $1,012,000 after acquiring an additional 19,486 shares during the last quarter. Finally, SOL Capital Management CO increased its position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund by 4.2% during the 4th quarter. SOL Capital Management CO now owns 34,335 shares of the company’s stock valued at $1,769,000 after purchasing an additional 1,370 shares during the period.
About PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
The PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) is an exchange-traded fund that is based on the ICE BofA US All Capital Securities index. The fund is actively managed to invest in a broad basket of preferred and capital securities issued by US and foreign companies. Portfolio holdings are of varying credit quality and maturity. PRFD was launched on Jan 18, 2023 and is managed by PIMCO.
See Also
- Five stocks we like better than PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Receive News & Ratings for PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Preferred and Capital Securities Active Exchange-Traded Fund and related companies with MarketBeat.com's FREE daily email newsletter.
