PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Up 750.0% in June

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 451,959 shares, a growth of 750.0% from the June 15th total of 53,170 shares. Based on an average trading volume of 126,405 shares, the short-interest ratio is currently 3.6 days. Currently, 2.4% of the company’s stock are sold short.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Down 0.0%

Shares of HYS stock opened at $92.96 on Monday. The business’s fifty day moving average is $93.33 and its 200 day moving average is $93.94. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a twelve month low of $92.29 and a twelve month high of $95.88.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HYS. IFC & Insurance Marketing Inc. purchased a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at about $31,000. Nalls Sherbakoff Group LLC bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the fourth quarter valued at approximately $33,000. Ascentis Independent Advisors bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the first quarter valued at approximately $37,000. Investment Research & Advisory Group Inc. purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the fourth quarter valued at approximately $41,000. Finally, WFA of San Diego LLC bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 2nd quarter worth approximately $96,000.

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.