PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Update

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 6,162 shares, a decline of 40.1% from the April 30th total of 10,292 shares. Based on an average daily volume of 112,880 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Up 0.1%

Shares of HYS traded up $0.05 during midday trading on Thursday, reaching $93.26. 42,183 shares of the stock were exchanged, compared to its average volume of 152,787. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 12-month low of $92.29 and a 12-month high of $95.88. The firm has a 50 day simple moving average of $93.48 and a 200-day simple moving average of $94.24.

Institutional Trading of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

A number of institutional investors have recently added to or reduced their stakes in HYS. Financial Management Professionals Inc. increased its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.2% during the 4th quarter. Financial Management Professionals Inc. now owns 246,051 shares of the company’s stock worth $23,483,000 after purchasing an additional 28,641 shares during the last quarter. Advisors Preferred LLC acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 1st quarter valued at $2,518,000. Strategic Advocates LLC boosted its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 31.7% in the fourth quarter. Strategic Advocates LLC now owns 76,100 shares of the company’s stock worth $7,268,000 after purchasing an additional 18,309 shares in the last quarter. TD Private Client Wealth LLC increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 9.1% during the fourth quarter. TD Private Client Wealth LLC now owns 198,764 shares of the company’s stock worth $18,847,000 after buying an additional 16,584 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in 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 buying an additional 15,842 shares during 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.