PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Stock Short Interest Report for October

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,297,892 shares, an increase of 127.1% from the September 30th total of 2,772,745 shares. Based on an average daily volume of 8,256,605 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.0% of the shares of the stock are sold short.

PIMCO Multi Sector Bond Active ETF Stock Up 0.0%

PYLD stock traded up $0.01 during mid-day trading on Friday, reaching $25.63. 5,018,872 shares of the company traded hands, compared to its average volume of 4,492,525. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.15 and a 52-week high of $26.95. The company has a fifty day moving average price of $25.69 and a 200-day moving average price of $26.26.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PYLD. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $30,000. Manchester Capital Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $34,000. Cedar Mountain Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter valued at approximately $38,000. PNC Financial Services Group Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 757.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after purchasing an additional 1,325 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $45,000.

About PIMCO Multi Sector Bond Active ETF

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.