PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) Short Interest Update

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 8,150 shares, a growth of 77.5% from the August 31st total of 4,591 shares. Based on an average daily volume of 12,248 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On PIMCO Preferred and Capital Securities Active Exchange-Traded Fund

A hedge fund recently bought a new stake in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock. Birchwood Financial Partners Inc. bought a new stake in shares of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,447 shares of the company’s stock, valued at approximately $229,000. Birchwood Financial Partners Inc. owned 0.11% of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund at the end of the most recent reporting period.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Stock Down 0.1%

NYSEARCA:PRFD traded down $0.06 during trading hours on Wednesday, reaching $48.98. 8,480 shares of the stock were exchanged, compared to its average volume of 17,052. The business has a 50-day moving average of $50.33 and a two-hundred day moving average of $50.79. PIMCO Preferred and Capital Securities Active Exchange-Traded Fund has a twelve month low of $48.93 and a twelve month high of $52.60.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Company Profile

The PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) is an exchange-traded fund that is based on the ICE BofA US All Capital Securities index. The fund is actively managed to invest in a broad basket of preferred and capital securities issued by US and foreign companies. Portfolio holdings are of varying credit quality and maturity. PRFD was launched on Jan 18, 2023 and is managed by PIMCO.