PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Short Interest Down 46.7% in June

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 48,190 shares, a drop of 46.7% from the May 31st total of 90,493 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 131,372 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On PIMCO Senior Loan Active Exchange-Traded Fund

An institutional investor recently bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund stock. JPMorgan Chase & Co. purchased a new position in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 150,716 shares of the company’s stock, valued at approximately $7,685,000. JPMorgan Chase & Co. owned approximately 1.10% of PIMCO Senior Loan Active Exchange-Traded Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

PIMCO Senior Loan Active Exchange-Traded Fund Price Performance

NYSEARCA LONZ traded up $0.08 on Thursday, hitting $49.11. The stock had a trading volume of 36,693 shares, compared to its average volume of 113,304. PIMCO Senior Loan Active Exchange-Traded Fund has a 52-week low of $48.81 and a 52-week high of $51.12. The business’s fifty day moving average price is $49.43 and its 200 day moving average price is $49.74.

About PIMCO Senior Loan Active Exchange-Traded Fund

The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks current income through the active management of US dollar-denominated senior floating rate bank loans that are rated below investment grade. LONZ was launched on Jun 8, 2022 and is managed by PIMCO.