PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Update

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 9,585 shares, a decline of 38.9% from the January 15th total of 15,684 shares. Based on an average daily trading volume, of 57,091 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 57,091 shares, the short-interest ratio is presently 0.2 days.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

Shares of NYSEARCA CORP traded up $0.26 during mid-day trading on Friday, reaching $98.91. 37,504 shares of the company were exchanged, compared to its average volume of 105,560. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 52 week low of $92.45 and a 52 week high of $99.63. The company’s 50 day moving average price is $98.14 and its 200 day moving average price is $98.22.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.37 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, February 2nd.

Institutional Trading of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Several hedge funds have recently added to or reduced their stakes in CORP. NewEdge Advisors LLC boosted its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 24.7% during the 3rd quarter. NewEdge Advisors LLC now owns 179,925 shares of the company’s stock valued at $17,744,000 after purchasing an additional 35,651 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 7.0% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 140,919 shares of the company’s stock worth $13,848,000 after buying an additional 9,207 shares during the period. Flow Traders U.S. LLC grew its holdings in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 81,384 shares of the company’s stock worth $8,026,000 after acquiring an additional 11,174 shares during the period. Jones Financial Companies Lllp raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 59,118 shares of the company’s stock worth $5,815,000 after acquiring an additional 7,932 shares in the last quarter. Finally, Evensky & Katz LLC lifted its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 30.0% in the 4th quarter. Evensky & Katz LLC now owns 50,020 shares of the company’s stock valued at $4,894,000 after purchasing an additional 11,545 shares during the period.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.