Short Interest in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Drops By 76.8%

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 16,317 shares, a decline of 76.8% from the April 15th total of 70,274 shares. Based on an average trading volume of 73,860 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of PIMCO Mortgage-Backed Securities Active ETF

Institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC bought a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the first quarter worth $28,000. JPMorgan Chase & Co. bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the second quarter worth approximately $152,000. Studio Investment Management LLC acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at $203,000. Essex Bank acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at $209,000. Finally, Columbia River Financial Group LLC bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at about $245,000.

PIMCO Mortgage-Backed Securities Active ETF Stock Performance

PIMCO Mortgage-Backed Securities Active ETF stock traded down $0.37 during midday trading on Friday, reaching $48.94. The company’s stock had a trading volume of 246,084 shares, compared to its average volume of 123,180. PIMCO Mortgage-Backed Securities Active ETF has a 52 week low of $47.63 and a 52 week high of $50.95. The business has a 50-day moving average price of $49.63 and a 200-day moving average price of $49.83.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.19 per share. The ex-dividend date was Friday, May 1st.

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.