PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Update

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 16,317 shares, a drop of 76.8% from the April 15th total of 70,274 shares. Based on an average daily volume of 73,860 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On PIMCO Mortgage-Backed Securities Active ETF

Several institutional investors have recently added to or reduced their stakes in PMBS. Cornerstone Planning Group LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the first quarter worth $28,000. JPMorgan Chase & Co. bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the second quarter worth $152,000. Studio Investment Management LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth $203,000. Essex Bank bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth $209,000. Finally, Columbia River Financial Group LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth $245,000.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.1%

Shares of NASDAQ PMBS traded up $0.04 during trading on Wednesday, reaching $49.34. The company had a trading volume of 129,907 shares, compared to its average volume of 122,331. The company’s fifty day moving average price is $49.68 and its 200-day moving average price is $49.85. PIMCO Mortgage-Backed Securities Active ETF has a 12 month low of $47.63 and a 12 month high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a $0.19 dividend. The ex-dividend date of this dividend was Friday, May 1st.

PIMCO Mortgage-Backed Securities Active ETF Company Profile

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.