PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Shares Shorted: Short Interest Down 65.8% in September

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 21,848 shares, a drop of 65.8% from the August 31st total of 63,881 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 67,343 shares, the short-interest ratio is presently 0.3 days.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

Shares of NASDAQ PMBS traded down $0.39 during midday trading on Monday, reaching $46.41. 320,227 shares of the company traded hands, compared to its average volume of 119,500. The stock has a 50-day moving average price of $48.27 and a 200 day moving average price of $49.00. PIMCO Mortgage-Backed Securities Active ETF has a 52 week low of $46.32 and a 52 week high of $50.95.

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PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.16 annualized dividend and a yield of 4.7%.

Institutional Trading of PIMCO Mortgage-Backed Securities Active ETF

A number of institutional investors have recently made changes to their positions in PMBS. Foster & Motley Inc. acquired a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the first quarter valued at approximately $1,331,000. Seven Mile Advisory bought a new position in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $1,405,000. Studio Investment Management LLC raised its stake in shares of PIMCO Mortgage-Backed Securities Active ETF by 78.1% in the 2nd quarter. Studio Investment Management LLC now owns 7,259 shares of the company’s stock worth $358,000 after buying an additional 3,184 shares in the last quarter. Finally, Cornerstone Planning Group LLC bought a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the 1st quarter worth $28,000.

PIMCO Mortgage-Backed Securities Active ETF Company Profile

(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.

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