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) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 29,193 shares, an increase of 89.1% from the July 30th total of 15,439 shares. Based on an average daily trading volume, of 103,744 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. purchased a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth $31,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $33,000. Ascentis Independent Advisors purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the first quarter valued at about $37,000. Continuum Advisory LLC acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter worth about $78,000. Finally, WFA of San Diego LLC acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter worth about $96,000.

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

HYS stock opened at $93.02 on Tuesday. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a twelve month low of $92.00 and a twelve month high of $95.88. The business has a 50 day simple moving average of $92.94 and a 200-day simple moving average of $93.36.

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

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.