PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Sees Large Increase in Short Interest

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 70,274 shares, an increase of 71.4% from the March 31st total of 41,004 shares. Based on an average trading volume of 200,141 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

PIMCO Mortgage-Backed Securities Active ETF Stock Down 0.2%

PMBS traded down $0.09 during midday trading on Monday, reaching $49.74. 14,414 shares of the company’s stock were exchanged, compared to its average volume of 120,387. The business has a 50-day simple moving average of $49.89 and a two-hundred day simple moving average of $49.87. PIMCO Mortgage-Backed Securities Active ETF has a one year low of $47.63 and a one year high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, April 3rd. Investors of record on Wednesday, April 1st were paid a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, April 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wayfinding Financial LLC acquired a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at $2,725,000. Seven Mile Advisory bought a new position in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at about $1,405,000. Foster & Motley Inc. acquired a new position in PIMCO Mortgage-Backed Securities Active ETF in the first quarter valued at about $1,331,000. Columbia River Financial Group LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth about $245,000. Finally, Essex Bank bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth about $209,000.

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.