PIMCO Municipal Income Fund II (NYSE:PML) Short Interest Update

PIMCO Municipal Income Fund II (NYSE:PML) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 116,832 shares, a drop of 58.9% from the March 31st total of 284,228 shares. Based on an average daily trading volume, of 525,936 shares, the short-interest ratio is currently 0.2 days.

PIMCO Municipal Income Fund II Trading Down 0.1%

Shares of NYSE:PML traded down $0.01 during midday trading on Friday, reaching $7.55. 162,370 shares of the company’s stock traded hands, compared to its average volume of 390,932. PIMCO Municipal Income Fund II has a 1 year low of $7.10 and a 1 year high of $8.01. The company has a fifty day simple moving average of $7.63 and a two-hundred day simple moving average of $7.69.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 1st. Shareholders of record on Monday, April 13th will be issued a $0.0395 dividend. The ex-dividend date is Monday, April 13th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Insider Activity

In other PIMCO Municipal Income Fund II news, Director Sonya Morris bought 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The shares were purchased at an average price of $7.48 per share, for a total transaction of $37,400.00. Following the transaction, the director directly owned 5,000 shares of the company’s stock, valued at approximately $37,400. This represents a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wagner Wealth Management LLC lifted its holdings in PIMCO Municipal Income Fund II by 11.2% in the 1st quarter. Wagner Wealth Management LLC now owns 1,082,412 shares of the investment management company’s stock valued at $8,194,000 after purchasing an additional 108,907 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. purchased a new position in PIMCO Municipal Income Fund II in the 1st quarter valued at $117,000. Wealth Effects LLC purchased a new position in PIMCO Municipal Income Fund II in the 1st quarter valued at $114,000. RFG Advisory LLC lifted its holdings in PIMCO Municipal Income Fund II by 12.5% in the 1st quarter. RFG Advisory LLC now owns 19,820 shares of the investment management company’s stock valued at $150,000 after purchasing an additional 2,196 shares in the last quarter. Finally, CWC Advisors LLC. purchased a new position in PIMCO Municipal Income Fund II in the 1st quarter valued at $81,000.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.