PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Update

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 16,317 shares, a decrease of 76.8% from the April 15th total of 70,274 shares. Based on an average daily trading volume, of 73,860 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.1%

PIMCO Mortgage-Backed Securities Active ETF stock traded up $0.04 during trading on Wednesday, hitting $49.34. 129,907 shares of the company were exchanged, compared to its average volume of 122,331. The business’s 50 day moving average is $49.68 and its 200 day moving average is $49.85. PIMCO Mortgage-Backed Securities Active ETF has a 52 week low of $47.63 and a 52 week high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.19 per share. The ex-dividend date was Friday, May 1st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new position in PIMCO Mortgage-Backed Securities Active ETF in the first quarter worth $28,000. Foster & Motley Inc. purchased a new position in PIMCO Mortgage-Backed Securities Active ETF in the first quarter worth $1,331,000. Seven Mile Advisory purchased a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $1,405,000. Columbia River Financial Group LLC purchased a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $245,000. Finally, Wayfinding Financial LLC purchased a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $2,725,000.

About PIMCO Mortgage-Backed Securities Active ETF

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.