PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Up 89.1% in August

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 29,193 shares, a growth of 89.1% from the July 30th total of 15,439 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 103,744 shares, the short-interest ratio is presently 0.3 days.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.0%

Shares of HYS traded down $0.02 during mid-day trading on Friday, reaching $92.98. The stock had a trading volume of 118,938 shares, compared to its average volume of 135,545. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 52-week low of $92.00 and a 52-week high of $95.88. The business’s fifty day moving average is $92.95 and its 200 day moving average is $93.38.

Hedge Funds Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Several large investors have recently modified their holdings of HYS. IFC & Insurance Marketing Inc. purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth $31,000. Nalls Sherbakoff Group LLC purchased a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at about $33,000. Ascentis Independent Advisors acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the first quarter valued at about $37,000. Continuum Advisory LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the second quarter valued at about $78,000. Finally, WFA of San Diego LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the second quarter valued at about $96,000.

About PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.