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 target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 13,934 shares, a drop of 89.3% from the March 31st total of 129,722 shares. Based on an average daily volume of 162,140 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

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

HYS stock traded up $0.06 during midday trading on Friday, reaching $94.15. The company’s stock had a trading volume of 69,108 shares, compared to its average volume of 161,800. The stock has a fifty day simple moving average of $93.67 and a two-hundred day simple moving average of $94.52. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 1 year low of $92.29 and a 1 year high of $95.88.

Institutional Trading of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Burns J W & Co. Inc. NY increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.1% in the fourth quarter. Burns J W & Co. Inc. NY now owns 3,273 shares of the company’s stock worth $310,000 after purchasing an additional 158 shares during the period. CKW Financial Group increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.6% in the third quarter. CKW Financial Group now owns 4,423 shares of the company’s stock worth $422,000 after purchasing an additional 234 shares during the period. IFC & Insurance Marketing Inc. purchased a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth $31,000. Nalls Sherbakoff Group LLC purchased a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth $33,000. Finally, Investment Research & Advisory Group Inc. purchased a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth $41,000.

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

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.