PIMCO Municipal Income Fund II (NYSE:PML) Short Interest Update

PIMCO Municipal Income Fund II (NYSE:PML) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 155,405 shares, an increase of 129.9% from the February 26th total of 67,585 shares. Based on an average daily trading volume, of 456,049 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Asset Dedication LLC acquired a new stake in PIMCO Municipal Income Fund II during the fourth quarter worth about $26,000. Comerica Bank increased its stake in PIMCO Municipal Income Fund II by 49.7% during the first quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock valued at $35,000 after acquiring an additional 1,446 shares during the period. Global Wealth Strategies & Associates raised its holdings in PIMCO Municipal Income Fund II by 106.1% in the 4th quarter. Global Wealth Strategies & Associates now owns 5,465 shares of the investment management company’s stock valued at $41,000 after acquiring an additional 2,813 shares in the last quarter. US Bancorp DE acquired a new position in PIMCO Municipal Income Fund II in the 3rd quarter valued at approximately $45,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of PIMCO Municipal Income Fund II in the 3rd quarter worth approximately $58,000.

PIMCO Municipal Income Fund II Trading Down 2.4%

PML stock traded down $0.18 on Thursday, reaching $7.33. 486,837 shares of the company were exchanged, compared to its average volume of 376,364. PIMCO Municipal Income Fund II has a 12 month low of $7.10 and a 12 month high of $8.17. The stock’s fifty day moving average price is $7.70 and its 200 day moving average price is $7.73.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.0395 per share. The ex-dividend date is Thursday, March 12th. This represents a c) annualized dividend and a dividend yield of 6.5%.

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.