PIMCO Income Strategy Fund II (NYSE:PFN) Short Interest Down 33.5% in March

PIMCO Income Strategy Fund II (NYSE:PFN) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 175,500 shares, a decrease of 33.5% from the February 28th total of 263,800 shares. Based on an average trading volume of 300,200 shares, the short-interest ratio is presently 0.6 days.

PIMCO Income Strategy Fund II Trading Down 0.1 %

Shares of PFN stock traded down $0.01 during trading hours on Friday, hitting $7.54. 156,670 shares of the company’s stock were exchanged, compared to its average volume of 282,157. The firm has a 50 day moving average of $7.53 and a two-hundred day moving average of $7.52. PIMCO Income Strategy Fund II has a fifty-two week low of $6.96 and a fifty-two week high of $7.77.

PIMCO Income Strategy Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Thursday, March 13th will be paid a $0.0718 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 11.43%. The ex-dividend date of this dividend is Thursday, March 13th.

Institutional Trading of PIMCO Income Strategy Fund II

Several large investors have recently made changes to their positions in the company. Main Street Financial Solutions LLC boosted its stake in PIMCO Income Strategy Fund II by 3.3% during the fourth quarter. Main Street Financial Solutions LLC now owns 48,832 shares of the financial services provider’s stock worth $364,000 after buying an additional 1,575 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of PIMCO Income Strategy Fund II by 5.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 41,681 shares of the financial services provider’s stock valued at $312,000 after acquiring an additional 1,971 shares during the last quarter. GPS Wealth Strategies Group LLC grew its holdings in shares of PIMCO Income Strategy Fund II by 114.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 4,069 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 2,169 shares during the period. Atomi Financial Group Inc. increased its position in PIMCO Income Strategy Fund II by 6.5% during the fourth quarter. Atomi Financial Group Inc. now owns 50,975 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 3,122 shares during the last quarter. Finally, Private Trust Co. NA boosted its holdings in PIMCO Income Strategy Fund II by 2.8% in the 4th quarter. Private Trust Co. NA now owns 186,705 shares of the financial services provider’s stock valued at $1,391,000 after purchasing an additional 5,045 shares during the last quarter.

PIMCO Income Strategy Fund II Company Profile

PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.