PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Update

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 58,231 shares, a drop of 14.8% from the February 26th total of 68,336 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 140,544 shares, the short-interest ratio is currently 0.4 days.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.3%

NASDAQ PMBS opened at $49.60 on Wednesday. PIMCO Mortgage-Backed Securities Active ETF has a 12 month low of $47.47 and a 12 month high of $50.95. The company’s 50 day simple moving average is $50.02 and its 200 day simple moving average is $49.86.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

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

Institutional Trading of PIMCO Mortgage-Backed Securities Active ETF

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