PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Down 22.1% in December

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSGet Free Report) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 18,513 shares, a decline of 22.1% from the November 30th total of 23,750 shares. Based on an average daily volume of 160,106 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 160,106 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PIMCO Mortgage-Backed Securities Active ETF stock. JPMorgan Chase & Co. purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,100 shares of the company’s stock, valued at approximately $152,000.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

NASDAQ PMBS traded up $0.02 during trading hours on Tuesday, hitting $49.99. The company had a trading volume of 39,847 shares, compared to its average volume of 85,489. PIMCO Mortgage-Backed Securities Active ETF has a fifty-two week low of $47.13 and a fifty-two week high of $50.95. The business has a fifty day simple moving average of $49.79 and a 200-day simple moving average of $49.36.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a $0.20 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, December 1st.

About PIMCO Mortgage-Backed Securities Active ETF

(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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