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

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 7,667 shares, a decline of 14.9% from the January 29th total of 9,008 shares. Based on an average daily volume of 68,160 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 68,160 shares, the short-interest ratio is presently 0.1 days.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

NASDAQ:PMBS traded down $0.14 during mid-day trading on Thursday, hitting $50.08. 24,130 shares of the stock traded hands, compared to its average volume of 76,106. The business’s 50-day moving average price is $50.11 and its 200 day moving average price is $49.82. PIMCO Mortgage-Backed Securities Active ETF has a 12-month low of $47.47 and a 12-month high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.20 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of PIMCO Mortgage-Backed Securities Active ETF

A number of large investors have recently modified their holdings of the business. Wayfinding Financial LLC purchased a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth about $2,725,000. Seven Mile Advisory purchased a new position in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter worth approximately $1,405,000. Columbia River Financial Group LLC bought a new stake in PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter valued at approximately $245,000. Essex Bank purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at approximately $209,000. Finally, Studio Investment Management LLC bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth approximately $203,000.

About PIMCO Mortgage-Backed Securities Active ETF

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.