Pimco Total Return ETF (NYSE:BOND) Short Interest Update

Pimco Total Return ETF (NYSE:BOND) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 238,797 shares, an increase of 73.4% from the August 15th total of 137,714 shares. Based on an average daily volume of 442,370 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Pimco Total Return ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bouchey Financial Group Ltd. bought a new stake in Pimco Total Return ETF in the second quarter worth approximately $50,336,000. Lunt Capital Management Inc. raised its holdings in shares of Pimco Total Return ETF by 1.3% during the 2nd quarter. Lunt Capital Management Inc. now owns 56,198 shares of the exchange traded fund’s stock valued at $5,182,000 after purchasing an additional 732 shares in the last quarter. Capital Analysts LLC lifted its stake in shares of Pimco Total Return ETF by 8.0% in the 2nd quarter. Capital Analysts LLC now owns 137,698 shares of the exchange traded fund’s stock valued at $12,698,000 after purchasing an additional 10,243 shares during the last quarter. RFG Advisory LLC lifted its stake in shares of Pimco Total Return ETF by 61.1% in the 2nd quarter. RFG Advisory LLC now owns 455,902 shares of the exchange traded fund’s stock valued at $42,039,000 after purchasing an additional 172,932 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Pimco Total Return ETF by 10.3% in the second quarter. NewEdge Advisors LLC now owns 1,474,136 shares of the exchange traded fund’s stock worth $135,930,000 after purchasing an additional 137,905 shares in the last quarter.

Pimco Total Return ETF Stock Performance

Shares of Pimco Total Return ETF stock traded down $0.10 during trading on Wednesday, hitting $88.56. 850,246 shares of the stock traded hands, compared to its average volume of 543,519. The stock has a market cap of $8.27 billion, a P/E ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a twelve month low of $88.53 and a twelve month high of $94.68. The company has a fifty day moving average price of $90.53 and a two-hundred day moving average price of $91.64.

Pimco Total Return ETF Company Profile

The PIMCO Active Bond Exchange-Traded Fund (BOND) is an exchange-traded fund that is based on the Barclays U.S. Aggregate index. The fund is an actively managed portfolio that aims to maintain a consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies. BOND was launched on Mar 1, 2012 and is managed by PIMCO.