Short Interest in PIMCO Municipal Income Fund II (NYSE:PML) Expands By 248.4%

PIMCO Municipal Income Fund II (NYSE:PML) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 124,645 shares, a growth of 248.4% from the January 29th total of 35,779 shares. Based on an average daily volume of 412,865 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 412,865 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On PIMCO Municipal Income Fund II

Institutional investors and hedge funds have recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. raised its stake in PIMCO Municipal Income Fund II by 101.7% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,894,894 shares of the investment management company’s stock worth $22,899,000 after acquiring an additional 1,459,549 shares in the last quarter. Guggenheim Capital LLC grew its holdings in shares of PIMCO Municipal Income Fund II by 7.5% during the 4th quarter. Guggenheim Capital LLC now owns 2,338,947 shares of the investment management company’s stock valued at $17,636,000 after purchasing an additional 163,926 shares during the last quarter. Wagner Wealth Management LLC increased its position in PIMCO Municipal Income Fund II by 506.9% during the 4th quarter. Wagner Wealth Management LLC now owns 973,505 shares of the investment management company’s stock worth $7,340,000 after purchasing an additional 813,093 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in PIMCO Municipal Income Fund II by 49.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 880,651 shares of the investment management company’s stock valued at $6,640,000 after purchasing an additional 290,269 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in PIMCO Municipal Income Fund II by 141.8% in the third quarter. Van ECK Associates Corp now owns 791,672 shares of the investment management company’s stock valued at $6,262,000 after buying an additional 464,270 shares in the last quarter.

PIMCO Municipal Income Fund II Stock Down 0.3%

PIMCO Municipal Income Fund II stock traded down $0.03 during trading hours on Friday, hitting $7.82. The company had a trading volume of 344,175 shares, compared to its average volume of 363,492. The firm has a 50-day moving average of $7.67 and a 200 day moving average of $7.67. PIMCO Municipal Income Fund II has a one year low of $7.10 and a one year high of $8.67.

PIMCO Municipal Income Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 12th will be paid a dividend of $0.0395 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Thursday, February 12th.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.