PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Up 146.1% in August

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 63,881 shares, a growth of 146.1% from the August 15th total of 25,957 shares. Based on an average daily volume of 99,985 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

PIMCO Mortgage-Backed Securities Active ETF Trading Down 0.3%

PIMCO Mortgage-Backed Securities Active ETF stock traded down $0.12 during trading on Tuesday, hitting $47.30. 6,225 shares of the company were exchanged, compared to its average volume of 109,477. The business’s 50 day moving average is $48.58 and its 200 day moving average is $49.20. PIMCO Mortgage-Backed Securities Active ETF has a 52 week low of $47.27 and a 52 week high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st were issued a $0.18 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Investors Weigh In On PIMCO Mortgage-Backed Securities Active ETF

Institutional investors have recently added to or reduced their stakes in the company. Foster & Motley Inc. bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the 2nd quarter worth approximately $9,946,000. Seven Mile Advisory bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter valued at approximately $1,405,000. Studio Investment Management LLC grew its holdings in shares of PIMCO Mortgage-Backed Securities Active ETF by 78.1% in the second quarter. Studio Investment Management LLC now owns 7,259 shares of the company’s stock valued at $358,000 after acquiring an additional 3,184 shares in the last quarter. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the first quarter valued at approximately $28,000.

PIMCO Mortgage-Backed Securities Active ETF Company Profile

The PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund invests in mortgage-backed securities, seeking actively managed risk-adjusted return potential. The fund aims to provide core, high-quality, intermediate-term exposure through fundamental selection and weighting. PMBS was launched on Sep 20, 2024 and is issued by PIMCO.