PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Update

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 68,336 shares, a growth of 791.3% from the February 12th total of 7,667 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 46,611 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 46,611 shares, the short-interest ratio is currently 1.5 days. Approximately 0.3% of the shares of the company are sold short.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

Shares of NASDAQ PMBS traded down $0.11 during midday trading on Tuesday, hitting $50.07. 28,712 shares of the company’s stock traded hands, compared to its average volume of 85,222. PIMCO Mortgage-Backed Securities Active ETF has a 1 year low of $47.47 and a 1 year high of $50.95. The firm has a fifty day moving average of $50.12 and a 200 day moving average of $49.85.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.20 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date was Monday, March 2nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the 2nd quarter worth $152,000. Studio Investment Management LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at about $203,000. Essex Bank purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth about $209,000. Columbia River Financial Group LLC purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth about $245,000. Finally, Seven Mile Advisory bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth about $1,405,000.

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.