Short Interest in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Increases By 558.7%

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 107,487 shares, an increase of 558.7% from the April 30th total of 16,317 shares. Based on an average daily trading volume, of 147,179 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are sold short.

PIMCO Mortgage-Backed Securities Active ETF Stock Up 0.3%

PMBS stock traded up $0.17 on Thursday, reaching $49.46. 52,177 shares of the company traded hands, compared to its average volume of 125,488. PIMCO Mortgage-Backed Securities Active ETF has a one year low of $47.90 and a one year high of $50.95. The firm has a fifty day simple moving average of $49.49 and a 200-day simple moving average of $49.79.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC bought a new position in PIMCO Mortgage-Backed Securities Active ETF during the 1st quarter valued at approximately $28,000. Foster & Motley Inc. purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 1st quarter valued at $1,331,000. Seven Mile Advisory purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $1,405,000. Columbia River Financial Group LLC purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $245,000. Finally, Wayfinding Financial LLC purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter valued at $2,725,000.

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.