PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Short Interest Update

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,372,011 shares, an increase of 48.0% from the July 30th total of 1,602,391 shares. Based on an average trading volume of 3,485,192 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are short sold.

PIMCO Multi Sector Bond Active ETF Stock Down 0.8%

NYSEARCA PYLD traded down $0.22 on Tuesday, reaching $25.95. The stock had a trading volume of 4,193,475 shares, compared to its average volume of 3,898,733. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04. The stock has a fifty day moving average price of $26.26 and a two-hundred day moving average price of $26.39.

Institutional Trading of PIMCO Multi Sector Bond Active ETF

Large investors have recently modified their holdings of the stock. Corient Private Wealth LP increased its holdings in PIMCO Multi Sector Bond Active ETF by 93.4% during the 2nd quarter. Corient Private Wealth LP now owns 2,982,984 shares of the company’s stock worth $79,109,000 after purchasing an additional 1,440,712 shares during the period. Studio Investment Management LLC increased its position in PIMCO Multi Sector Bond Active ETF by 70.8% during the second quarter. Studio Investment Management LLC now owns 26,867 shares of the company’s stock worth $713,000 after buying an additional 11,133 shares during the period. Mason & Associates LLC raised its position in PIMCO Multi Sector Bond Active ETF by 4.0% in the 2nd quarter. Mason & Associates LLC now owns 1,026,348 shares of the company’s stock valued at $27,219,000 after purchasing an additional 39,424 shares during the last quarter. Ameritas Advisory Services LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 558.3% in the second quarter. Ameritas Advisory Services LLC now owns 79,427 shares of the company’s stock valued at $2,106,000 after buying an additional 67,361 shares during the last quarter. Finally, Kintra Wealth LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at approximately $6,117,000.

PIMCO Multi Sector Bond Active ETF Company Profile

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.