PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Shares Shorted: Short Interest Up 66.6% in September

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 36,395 shares, a growth of 66.6% from the September 15th total of 21,848 shares. Based on an average daily volume of 321,122 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On PIMCO Mortgage-Backed Securities Active ETF

A number of large investors have recently bought and sold shares of PMBS. Studio Investment Management LLC grew its holdings in shares of PIMCO Mortgage-Backed Securities Active ETF by 78.1% during the second quarter. Studio Investment Management LLC now owns 7,259 shares of the company’s stock worth $358,000 after purchasing an additional 3,184 shares during the last quarter. Foster & Motley Inc. bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the second quarter valued at approximately $9,946,000. Finally, Cornerstone Planning Group LLC acquired a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the first quarter worth $28,000.

PIMCO Mortgage-Backed Securities Active ETF Stock Up 0.6%

PMBS opened at $46.71 on Friday. The firm’s 50-day simple moving average is $47.60 and its 200-day simple moving average is $48.67. PIMCO Mortgage-Backed Securities Active ETF has a twelve month low of $45.71 and a twelve month high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, October 5th. Shareholders of record on Thursday, October 1st were given a $0.18 dividend. The ex-dividend date was Thursday, October 1st. This represents a $2.16 dividend on an annualized basis and a yield of 4.6%.

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.