PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) Stock Short Interest Rises 287.0%

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 39,206 shares, an increase of 287.0% from the September 30th total of 10,132 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 38,339 shares, the days-to-cover ratio is presently 1.0 days.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Stock Up 0.1%

Shares of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock traded up $0.06 on Wednesday, reaching $49.15. 11,597 shares of the company were exchanged, compared to its average volume of 17,944. The stock has a fifty day moving average price of $49.63 and a 200-day moving average price of $50.83. PIMCO Preferred and Capital Securities Active Exchange-Traded Fund has a fifty-two week low of $48.24 and a fifty-two week high of $52.60.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Company Profile

The PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) is an exchange-traded fund that is based on the ICE BofA US All Capital Securities index. The fund is actively managed to invest in a broad basket of preferred and capital securities issued by US and foreign companies. Portfolio holdings are of varying credit quality and maturity. PRFD was launched on Jan 18, 2023 and is managed by PIMCO.