PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Short Interest Update

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,372,011 shares, an increase of 48.0% from the July 30th total of 1,602,391 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 3,485,192 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of PIMCO Multi Sector Bond Active ETF

A number of institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $297,000. Jane Street Group LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $3,541,000. Cetera Investment Advisers acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth approximately $261,000. JPMorgan Chase & Co. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 66.2% in the second quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after acquiring an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 73.7% in the 2nd quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after purchasing an additional 1,166,083 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.8%

Shares of PIMCO Multi Sector Bond Active ETF stock traded down $0.22 during trading on Tuesday, reaching $25.95. The company’s stock had a trading volume of 4,193,475 shares, compared to its average volume of 3,898,733. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04. The business has a 50 day moving average price of $26.26 and a 200-day moving average price of $26.39.

About PIMCO Multi Sector Bond Active ETF

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.