PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Stock Short Interest Jumps 66.6%

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 36,395 shares, a growth of 66.6% from the September 15th total of 21,848 shares. Based on an average daily trading volume, of 321,122 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC acquired a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the first quarter valued at about $28,000. Studio Investment Management LLC increased its holdings in PIMCO Mortgage-Backed Securities Active ETF by 78.1% in the 2nd quarter. Studio Investment Management LLC now owns 7,259 shares of the company’s stock valued at $358,000 after buying an additional 3,184 shares during the period. Finally, Foster & Motley Inc. bought a new stake in PIMCO Mortgage-Backed Securities Active ETF in the first quarter valued at about $1,331,000.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.6%

NASDAQ PMBS opened at $46.71 on Friday. The company has a 50 day moving average price of $47.60 and a two-hundred day moving average price of $48.67. PIMCO Mortgage-Backed Securities Active ETF has a 12-month low of $45.71 and a 12-month high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were issued a $0.18 dividend. The ex-dividend date was Thursday, October 1st. This represents a $2.16 dividend on an annualized basis and a yield of 4.6%.

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.