PIMCO Municipal Income Fund II (NYSE:PML) Short Interest Update

PIMCO Municipal Income Fund II (NYSE:PML) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 284,228 shares, a growth of 82.9% from the March 15th total of 155,405 shares. Based on an average daily volume of 397,378 shares, the days-to-cover ratio is currently 0.7 days.

Insider Buying and Selling at PIMCO Municipal Income Fund II

In related news, Director Sonya Morris purchased 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The stock was acquired at an average price of $7.48 per share, for a total transaction of $37,400.00. Following the transaction, the director directly owned 5,000 shares of the company’s stock, valued at $37,400. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

Institutional Investors Weigh In On PIMCO Municipal Income Fund II

A number of institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors boosted its position in PIMCO Municipal Income Fund II by 0.5% during the 4th quarter. Captrust Financial Advisors now owns 283,257 shares of the investment management company’s stock worth $2,136,000 after acquiring an additional 1,426 shares during the period. Comerica Bank boosted its position in PIMCO Municipal Income Fund II by 49.7% during the 1st quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock worth $35,000 after acquiring an additional 1,446 shares during the period. Wakefield Asset Management LLLP boosted its position in PIMCO Municipal Income Fund II by 0.7% during the 4th quarter. Wakefield Asset Management LLLP now owns 214,566 shares of the investment management company’s stock worth $1,618,000 after acquiring an additional 1,541 shares during the period. RFG Advisory LLC boosted its position in PIMCO Municipal Income Fund II by 13.5% during the 3rd quarter. RFG Advisory LLC now owns 17,002 shares of the investment management company’s stock worth $134,000 after acquiring an additional 2,026 shares during the period. Finally, Novem Group boosted its position in PIMCO Municipal Income Fund II by 6.5% during the 4th quarter. Novem Group now owns 34,233 shares of the investment management company’s stock worth $258,000 after acquiring an additional 2,098 shares during the period.

PIMCO Municipal Income Fund II Stock Performance

Shares of NYSE PML opened at $7.59 on Monday. PIMCO Municipal Income Fund II has a one year low of $7.10 and a one year high of $8.01. The business has a 50-day moving average price of $7.67 and a two-hundred day moving average price of $7.71.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 1st. Shareholders of record on Monday, April 13th will be given a dividend of $0.0395 per share. The ex-dividend date is Monday, April 13th. This represents a c) dividend on an annualized basis and a yield of 6.2%.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.