Short Interest in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Drops By 46.7%

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 48,190 shares, a drop of 46.7% from the May 31st total of 90,493 shares. Based on an average daily trading volume, of 131,372 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Investors Weigh In On PIMCO Senior Loan Active Exchange-Traded Fund

A hedge fund recently bought a new stake in PIMCO Senior Loan Active Exchange-Traded Fund stock. Toronto Dominion Bank acquired a new stake in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 40,000 shares of the company’s stock, valued at approximately $2,011,000. Toronto Dominion Bank owned 0.42% of PIMCO Senior Loan Active Exchange-Traded Fund as of its most recent filing with the SEC.

PIMCO Senior Loan Active Exchange-Traded Fund Stock Performance

Shares of LONZ opened at $49.26 on Tuesday. The stock’s fifty day moving average price is $49.46 and its two-hundred day moving average price is $49.77. PIMCO Senior Loan Active Exchange-Traded Fund has a 1 year low of $48.81 and a 1 year high of $51.12.

About PIMCO Senior Loan Active Exchange-Traded Fund

The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks current income through the active management of US dollar-denominated senior floating rate bank loans that are rated below investment grade. LONZ was launched on Jun 8, 2022 and is managed by PIMCO.