PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Stock Short Interest Falls 38.8%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 16,148 shares, a decrease of 38.8% from the September 15th total of 26,393 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 150,529 shares, the short-interest ratio is presently 0.1 days.

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

Several hedge funds have recently made changes to their positions in the business. Nalls Sherbakoff Group LLC bought a new position 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 bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the first quarter worth approximately $37,000. Bank of New York Mellon Corp boosted its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.2% during the first quarter. Bank of New York Mellon Corp now owns 8,413 shares of the company’s stock worth $785,000 after acquiring an additional 491 shares during the period. CoreCap Advisors LLC grew its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 35.7% in the third quarter. CoreCap Advisors LLC now owns 2,150 shares of the company’s stock valued at $195,000 after purchasing an additional 566 shares during the last quarter. Finally, Wellington Altus USA Inc. grew its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 229.6% in the second quarter. Wellington Altus USA Inc. now owns 880 shares of the company’s stock valued at $82,000 after purchasing an additional 613 shares during the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Down 0.5%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded down $0.41 during midday trading on Friday, reaching $89.53. The stock had a trading volume of 135,125 shares, compared to its average volume of 133,697. The firm’s fifty day simple moving average is $91.76 and its 200-day simple moving average is $92.76. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 1-year low of $89.45 and a 1-year high of $95.88.

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

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.