PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Sees Large Decline in Short Interest

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 10,862 shares, a drop of 41.3% from the December 15th total of 18,513 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 51,143 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 51,143 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PIMCO Mortgage-Backed Securities Active ETF stock. JPMorgan Chase & Co. acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,100 shares of the company’s stock, valued at approximately $152,000.

PIMCO Mortgage-Backed Securities Active ETF Stock Down 0.1%

Shares of PIMCO Mortgage-Backed Securities Active ETF stock traded down $0.06 on Friday, reaching $49.99. 98,151 shares of the company were exchanged, compared to its average volume of 113,077. PIMCO Mortgage-Backed Securities Active ETF has a fifty-two week low of $47.47 and a fifty-two week high of $50.95. The stock has a fifty day moving average price of $49.79 and a 200-day moving average price of $49.47.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.20 per share. This represents a yield of 483.0%. The ex-dividend date was Wednesday, December 31st.

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.