PIMCO Municipal Income Fund II (NYSE:PML) Short Interest Update

PIMCO Municipal Income Fund II (NYSE:PML) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 40,254 shares, a decline of 48.2% from the December 31st total of 77,680 shares. Based on an average trading volume of 328,529 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 328,529 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On PIMCO Municipal Income Fund II

Hedge funds have recently made changes to their positions in the stock. Comerica Bank raised its position in PIMCO Municipal Income Fund II by 49.7% in the 1st quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 1,446 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of PIMCO Municipal Income Fund II during the first quarter worth about $202,000. Truist Financial Corp raised its holdings in PIMCO Municipal Income Fund II by 66.2% during the second quarter. Truist Financial Corp now owns 36,927 shares of the investment management company’s stock worth $275,000 after purchasing an additional 14,713 shares in the last quarter. River Street Advisors LLC boosted its stake in shares of PIMCO Municipal Income Fund II by 59.6% in the second quarter. River Street Advisors LLC now owns 17,394 shares of the investment management company’s stock valued at $130,000 after buying an additional 6,493 shares in the last quarter. Finally, Ellis Investment Partners LLC boosted its position in shares of PIMCO Municipal Income Fund II by 4.6% in the 2nd quarter. Ellis Investment Partners LLC now owns 372,497 shares of the investment management company’s stock worth $2,775,000 after buying an additional 16,402 shares in the last quarter.

PIMCO Municipal Income Fund II Price Performance

Shares of PIMCO Municipal Income Fund II stock traded up $0.04 during trading on Friday, hitting $7.70. The stock had a trading volume of 303,543 shares, compared to its average volume of 345,702. PIMCO Municipal Income Fund II has a 12 month low of $7.10 and a 12 month high of $8.67. The firm’s fifty day simple moving average is $7.61 and its 200-day simple moving average is $7.59.

PIMCO Municipal Income Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Tuesday, January 13th will be paid a $0.0395 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a c) dividend on an annualized basis and a yield of 6.2%.

PIMCO Municipal Income Fund II Company Profile

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.