PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Update

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 13,934 shares, a decrease of 89.3% from the March 31st total of 129,722 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 162,140 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Financial Management Professionals Inc. boosted its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.2% during the 4th quarter. Financial Management Professionals Inc. now owns 246,051 shares of the company’s stock valued at $23,483,000 after acquiring an additional 28,641 shares during the last quarter. TD Private Client Wealth LLC lifted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 9.1% in the fourth quarter. TD Private Client Wealth LLC now owns 198,764 shares of the company’s stock worth $18,847,000 after buying an additional 16,584 shares during the last quarter. Ameriprise Financial Inc. lifted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.8% in the third quarter. Ameriprise Financial Inc. now owns 124,656 shares of the company’s stock worth $11,857,000 after buying an additional 6,822 shares during the last quarter. Strategic Advocates LLC lifted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 31.7% in the fourth quarter. Strategic Advocates LLC now owns 76,100 shares of the company’s stock worth $7,268,000 after buying an additional 18,309 shares during the last quarter. Finally, Financial & Tax Architects LLC lifted its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 7.7% in the first quarter. Financial & Tax Architects LLC now owns 39,531 shares of the company’s stock worth $3,687,000 after buying an additional 2,839 shares during the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Up 0.1%

Shares of NYSEARCA HYS traded up $0.06 during midday trading on Friday, reaching $94.15. 69,108 shares of the stock traded hands, compared to its average volume of 161,800. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a one year low of $92.29 and a one year high of $95.88. The company’s 50 day moving average is $93.67 and its 200 day moving average is $94.52.

About PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.