Short Interest in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Decreases By 59.5%

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 29,154 shares, a decline of 59.5% from the May 31st total of 72,010 shares. Based on an average daily trading volume, of 99,284 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of PMBS. JPMorgan Chase & Co. acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF during the 2nd quarter valued at approximately $152,000. Essex Bank acquired a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth approximately $209,000. Studio Investment Management LLC bought a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth $203,000. Wayfinding Financial LLC bought a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth $2,725,000. Finally, Columbia River Financial Group LLC acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter valued at $245,000.

PIMCO Mortgage-Backed Securities Active ETF Trading Down 0.4%

Shares of PMBS stock opened at $49.40 on Wednesday. The company’s fifty day moving average price is $49.36 and its two-hundred day moving average price is $49.72. PIMCO Mortgage-Backed Securities Active ETF has a 12 month low of $48.29 and a 12 month high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, June 1st.

PIMCO Mortgage-Backed Securities Active ETF Company Profile

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.