Short Interest in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Decreases By 41.3%

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

Hedge Funds Weigh In On PIMCO Mortgage-Backed Securities Active ETF

An institutional investor recently bought a new position in PIMCO Mortgage-Backed Securities Active ETF stock. JPMorgan Chase & Co. bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,100 shares of the company’s stock, valued at approximately $152,000.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

PIMCO Mortgage-Backed Securities Active ETF stock traded down $0.06 during trading on Friday, reaching $49.99. The company had a trading volume of 98,151 shares, compared to its average volume of 113,077. The firm’s 50-day simple moving average is $49.79 and its 200 day simple moving average is $49.47. PIMCO Mortgage-Backed Securities Active ETF has a 52 week low of $47.47 and a 52 week high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

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 of this dividend 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.