Short Interest in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Grows By 431.6%

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 40,198 shares, an increase of 431.6% from the January 15th total of 7,562 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 104,780 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 104,780 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are sold short.

PIMCO Senior Loan Active Exchange-Traded Fund Trading Up 0.0%

NYSEARCA LONZ traded up $0.01 on Thursday, reaching $50.00. The company had a trading volume of 86,873 shares, compared to its average volume of 93,847. The company’s fifty day moving average is $50.45 and its 200 day moving average is $50.66. PIMCO Senior Loan Active Exchange-Traded Fund has a 52-week low of $47.79 and a 52-week high of $51.29.

PIMCO Senior Loan Active Exchange-Traded Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.38 per share. This represents a c) annualized dividend and a yield of 9.1%. This is a boost from PIMCO Senior Loan Active Exchange-Traded Fund’s previous monthly dividend of $0.13. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On PIMCO Senior Loan Active Exchange-Traded Fund

An institutional investor recently raised its position in PIMCO Senior Loan Active Exchange-Traded Fund stock. L & S Advisors Inc grew its position in shares of PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) by 2.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 130,706 shares of the company’s stock after buying an additional 3,491 shares during the quarter. L & S Advisors Inc owned 1.11% of PIMCO Senior Loan Active Exchange-Traded Fund worth $6,675,000 as of its most recent filing with the Securities & Exchange Commission.

PIMCO Senior Loan Active Exchange-Traded Fund Company Profile

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.