PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Stock Short Interest Jumps 127.1%

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 6,297,892 shares, a growth of 127.1% from the September 30th total of 2,772,745 shares. Based on an average trading volume of 8,256,605 shares, the short-interest ratio is presently 0.8 days. Currently, 1.0% of the company’s shares are sold short.

Institutional Investors Weigh In On PIMCO Multi Sector Bond Active ETF

Large investors have recently bought and sold shares of the company. Milestone Asset Management LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 0.5% during the third quarter. Milestone Asset Management LLC now owns 77,155 shares of the company’s stock worth $1,959,000 after acquiring an additional 410 shares in the last quarter. Signature Equity Partners LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 14.6% in the 1st quarter. Signature Equity Partners LLC now owns 3,359 shares of the company’s stock valued at $88,000 after acquiring an additional 428 shares in the last quarter. Compound Planning Inc. lifted its position in PIMCO Multi Sector Bond Active ETF by 3.9% in the 1st quarter. Compound Planning Inc. now owns 15,047 shares of the company’s stock valued at $394,000 after acquiring an additional 561 shares in the last quarter. RDA Financial Network lifted its position in PIMCO Multi Sector Bond Active ETF by 1.5% in the 3rd quarter. RDA Financial Network now owns 58,186 shares of the company’s stock valued at $1,477,000 after acquiring an additional 855 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in PIMCO Multi Sector Bond Active ETF by 5.7% in the 2nd quarter. Allworth Financial LP now owns 16,091 shares of the company’s stock worth $427,000 after purchasing an additional 861 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock traded up $0.01 during trading hours on Friday, reaching $25.63. The company had a trading volume of 5,018,873 shares, compared to its average volume of 4,492,525. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $26.95. The company has a 50 day moving average of $25.68 and a 200 day moving average of $26.26.

About PIMCO Multi Sector Bond Active ETF

(Get Free Report)

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.

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