PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Shares Shorted: Short Interest Down 65.8% in September

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 21,848 shares, a decrease of 65.8% from the August 31st total of 63,881 shares. Based on an average daily volume of 67,343 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.5%

PMBS stock traded up $0.22 during trading on Friday, hitting $46.81. The stock had a trading volume of 664,445 shares, compared to its average volume of 118,443. PIMCO Mortgage-Backed Securities Active ETF has a twelve month low of $46.41 and a twelve month high of $50.95. The company’s 50-day moving average price is $48.27 and its two-hundred day moving average price is $49.01.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st were given a $0.18 dividend. This represents a $2.16 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

Institutional Trading of PIMCO Mortgage-Backed Securities Active ETF

Several large investors have recently made changes to their positions in PMBS. Foster & Motley Inc. acquired a new position in PIMCO Mortgage-Backed Securities Active ETF in the 2nd quarter valued at $9,946,000. Seven Mile Advisory purchased a new position in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at $1,405,000. Studio Investment Management LLC lifted its holdings in PIMCO Mortgage-Backed Securities Active ETF by 78.1% in the 2nd quarter. Studio Investment Management LLC now owns 7,259 shares of the company’s stock valued at $358,000 after purchasing an additional 3,184 shares in the last quarter. Finally, Cornerstone Planning Group LLC acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 1st quarter worth $28,000.

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.