Pimco Total Return ETF (NYSE:BOND) Short Interest Up 73.4% in August

Pimco Total Return ETF (NYSE:BOND) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 238,797 shares, an increase of 73.4% from the August 15th total of 137,714 shares. Based on an average daily volume of 442,370 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BOND. Bouchey Financial Group Ltd. acquired a new position in shares of Pimco Total Return ETF in the 2nd quarter valued at about $50,336,000. Lunt Capital Management Inc. increased its holdings in Pimco Total Return ETF by 1.3% in the second quarter. Lunt Capital Management Inc. now owns 56,198 shares of the exchange traded fund’s stock worth $5,182,000 after purchasing an additional 732 shares in the last quarter. Capital Analysts LLC increased its holdings in Pimco Total Return ETF by 8.0% in the second quarter. Capital Analysts LLC now owns 137,698 shares of the exchange traded fund’s stock worth $12,698,000 after purchasing an additional 10,243 shares in the last quarter. RFG Advisory LLC lifted its stake in Pimco Total Return ETF by 61.1% in the second quarter. RFG Advisory LLC now owns 455,902 shares of the exchange traded fund’s stock valued at $42,039,000 after buying an additional 172,932 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in Pimco Total Return ETF by 10.3% in the second quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock valued at $135,930,000 after buying an additional 137,905 shares during the period.

Pimco Total Return ETF Stock Down 0.3%

Shares of NYSE BOND opened at $88.82 on Friday. The company has a market capitalization of $8.29 billion, a PE ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a twelve month low of $88.53 and a twelve month high of $94.68. The firm has a fifty day simple moving average of $90.43 and a 200 day simple moving average of $91.56.

Pimco Total Return ETF Company Profile

The PIMCO Active Bond Exchange-Traded Fund (BOND) is an exchange-traded fund that is based on the Barclays U.S. Aggregate index. The fund is an actively managed portfolio that aims to maintain a consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies. BOND was launched on Mar 1, 2012 and is managed by PIMCO.