PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Short Interest Update

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 90,493 shares, a growth of 99.3% from the May 14th total of 45,408 shares. Based on an average daily volume of 181,872 shares, the short-interest ratio is currently 0.5 days. Currently, 1.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in LONZ. JPMorgan Chase & Co. bought a new position in shares of PIMCO Senior Loan Active Exchange-Traded Fund during the second quarter valued at about $7,685,000. Toronto Dominion Bank bought a new stake in PIMCO Senior Loan Active Exchange-Traded Fund in the fourth quarter worth about $2,011,000. Finally, L & S Advisors Inc raised its position in PIMCO Senior Loan Active Exchange-Traded Fund by 2.7% in the third quarter. L & S Advisors Inc now owns 130,706 shares of the company’s stock worth $6,675,000 after acquiring an additional 3,491 shares during the period.

PIMCO Senior Loan Active Exchange-Traded Fund Stock Down 0.1%

Shares of LONZ traded down $0.03 during trading hours on Tuesday, reaching $49.31. 24,327 shares of the stock traded hands, compared to its average volume of 119,204. The stock has a fifty day simple moving average of $49.46 and a 200 day simple moving average of $49.86. PIMCO Senior Loan Active Exchange-Traded Fund has a 52 week low of $48.81 and a 52 week high of $51.29.

About PIMCO Senior Loan Active Exchange-Traded Fund

The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks current income through the active management of US dollar-denominated senior floating rate bank loans that are rated below investment grade. LONZ was launched on Jun 8, 2022 and is managed by PIMCO.