Short Interest in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Decreases By 14.9%

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 7,667 shares, a drop of 14.9% from the January 29th total of 9,008 shares. Based on an average daily volume of 68,160 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 68,160 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On PIMCO Mortgage-Backed Securities Active ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. purchased a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the 2nd quarter worth about $152,000. Studio Investment Management LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at about $203,000. Essex Bank purchased a new position in PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth about $209,000. Columbia River Financial Group LLC bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth approximately $245,000. Finally, Seven Mile Advisory purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at approximately $1,405,000.

PIMCO Mortgage-Backed Securities Active ETF Trading Down 0.3%

PMBS stock opened at $50.08 on Friday. The firm has a 50 day moving average price of $50.11 and a 200-day moving average price of $49.82. PIMCO Mortgage-Backed Securities Active ETF has a 52-week low of $47.47 and a 52-week high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

About PIMCO Mortgage-Backed Securities Active ETF

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.