PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Up 791.3% in February

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 68,336 shares, a growth of 791.3% from the February 12th total of 7,667 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 46,611 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 46,611 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.3% of the company’s stock are short sold.

PIMCO Mortgage-Backed Securities Active ETF Trading Down 0.5%

NASDAQ PMBS opened at $49.92 on Wednesday. The company has a fifty day moving average price of $50.12 and a 200-day moving average price of $49.85. PIMCO Mortgage-Backed Securities Active ETF has a 1 year low of $47.47 and a 1 year high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

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

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

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

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.