PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Short Interest Up 220.1% in July

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 241,475 shares, a growth of 220.1% from the July 15th total of 75,446 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average trading volume of 61,400 shares, the short-interest ratio is presently 3.9 days.

PIMCO Senior Loan Active Exchange-Traded Fund Price Performance

NYSEARCA:LONZ remained flat at $49.15 during trading hours on Friday. The company’s stock had a trading volume of 22,749 shares, compared to its average volume of 101,278. PIMCO Senior Loan Active Exchange-Traded Fund has a 52-week low of $48.81 and a 52-week high of $51.12. The company’s fifty day simple moving average is $49.20 and its 200 day simple moving average is $49.44.

Institutional Trading of PIMCO Senior Loan Active Exchange-Traded Fund

A number of institutional investors have recently made changes to their positions in the business. Compass Financial Management LLC bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund in the second quarter valued at $228,000. Toronto Dominion Bank acquired a new stake in PIMCO Senior Loan Active Exchange-Traded Fund in the 4th quarter valued at $2,011,000. Finally, JPMorgan Chase & Co. bought a new stake in PIMCO Senior Loan Active Exchange-Traded Fund during the 2nd quarter worth about $7,685,000.

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.