Pimco Total Return ETF (NYSE:BOND) Short Interest Update

Pimco Total Return ETF (NYSE:BOND) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 125,411 shares, a decline of 47.5% from the August 31st total of 238,797 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 850,122 shares, the days-to-cover ratio is currently 0.1 days.

Pimco Total Return ETF Stock Performance

Shares of NYSE BOND traded down $0.25 during trading hours on Thursday, hitting $86.74. The stock had a trading volume of 1,855,202 shares, compared to its average volume of 583,297. The firm’s 50-day moving average price is $89.85 and its two-hundred day moving average price is $91.22. Pimco Total Return ETF has a 52 week low of $86.23 and a 52 week high of $94.68. The company has a market capitalization of $8.51 billion, a P/E ratio of 1.60 and a beta of 0.27.

Institutional Trading of Pimco Total Return ETF

Several large investors have recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Pimco Total Return ETF by 11.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 179,754 shares of the exchange traded fund’s stock valued at $16,575,000 after purchasing an additional 18,140 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Pimco Total Return ETF by 13.0% in the second quarter. Envestnet Asset Management Inc. now owns 2,955,221 shares of the exchange traded fund’s stock worth $269,253,000 after purchasing an additional 340,777 shares in the last quarter. Security National Bank of Sioux City Iowa IA acquired a new position in Pimco Total Return ETF during the second quarter worth $1,060,000. Bouchey Financial Group Ltd. acquired a new position in Pimco Total Return ETF during the second quarter worth $50,336,000. Finally, Lunt Capital Management Inc. raised its holdings in Pimco Total Return ETF by 1.3% during the second quarter. Lunt Capital Management Inc. now owns 56,198 shares of the exchange traded fund’s stock valued at $5,182,000 after buying an additional 732 shares in the last quarter.

About Pimco Total Return ETF

The PIMCO Active Bond Exchange-Traded Fund (BOND) is an exchange-traded fund that is based on the Barclays U.S. Aggregate index. The fund is an actively managed portfolio that aims to maintain a consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies. BOND was launched on Mar 1, 2012 and is managed by PIMCO.