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 October. As of October 15th, there was short interest totaling 29,489 shares, a growth of 82.6% from the September 30th total of 16,148 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 137,801 shares, the days-to-cover ratio is presently 0.2 days.
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.2%
Shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded down $0.18 during trading hours on Friday, hitting $89.98. The company had a trading volume of 81,389 shares, compared to its average volume of 133,030. The company’s 50-day moving average is $91.10 and its two-hundred day moving average is $92.97. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a twelve month low of $89.44 and a twelve month high of $95.57.
Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
Institutional investors and hedge funds have recently bought and sold shares of the stock. Financial & Tax Architects LLC boosted its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 1.8% in the third quarter. Financial & Tax Architects LLC now owns 44,599 shares of the company’s stock valued at $4,035,000 after acquiring an additional 791 shares in the last quarter. Advisors Preferred LLC purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the first quarter worth about $2,518,000. Janney Montgomery Scott LLC grew its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 156.0% during the first quarter. Janney Montgomery Scott LLC now owns 25,996 shares of the company’s stock worth $2,425,000 after purchasing an additional 15,842 shares during the last quarter. Arkadios Wealth Advisors increased its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 101.4% during the first quarter. Arkadios Wealth Advisors now owns 23,792 shares of the company’s stock worth $2,219,000 after purchasing an additional 11,979 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.2% during the first quarter. Bank of New York Mellon Corp now owns 8,413 shares of the company’s stock worth $785,000 after purchasing an additional 491 shares in the last quarter.
About PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
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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