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 significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,591 shares, an increase of 640.5% from the August 15th total of 620 shares. Based on an average daily volume of 8,009 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Price Performance

Shares of NYSEARCA:PRFD traded down $0.05 on Friday, hitting $49.92. The company had a trading volume of 10,249 shares, compared to its average volume of 17,193. The stock has a 50 day moving average price of $50.63 and a 200 day moving average price of $50.98. PIMCO Preferred and Capital Securities Active Exchange-Traded Fund has a 1-year low of $49.90 and a 1-year high of $52.60.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock. Birchwood Financial Partners Inc. acquired a new position in shares of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,447 shares of the company’s stock, valued at approximately $229,000. Birchwood Financial Partners Inc. owned about 0.11% of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund as of its most recent SEC filing.

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.