PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ – Get Free Report) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 18,623 shares, a decline of 92.3% from the July 30th total of 241,475 shares. Based on an average trading volume of 49,959 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of LONZ. JPMorgan Chase & Co. bought a new stake in shares of PIMCO Senior Loan Active Exchange-Traded Fund during the second quarter worth $7,685,000. Concurrent Investment Advisors LLC acquired a new position in shares of PIMCO Senior Loan Active Exchange-Traded Fund during the second quarter valued at $1,245,000. Toronto Dominion Bank bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund in the fourth quarter valued at about $2,011,000. Finally, Compass Financial Management LLC bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund in the second quarter valued at about $228,000.
PIMCO Senior Loan Active Exchange-Traded Fund Price Performance
Shares of LONZ traded up $0.02 during mid-day trading on Tuesday, hitting $49.31. 27,468 shares of the company traded hands, compared to its average volume of 98,982. PIMCO Senior Loan Active Exchange-Traded Fund has a one year low of $48.81 and a one year high of $51.12. The business has a 50-day moving average of $49.20 and a 200 day moving average of $49.38.
PIMCO Senior Loan Active Exchange-Traded Fund Company Profile
The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks current income through the active management of US dollar-denominated senior floating rate bank loans that are rated below investment grade. LONZ was launched on Jun 8, 2022 and is managed by PIMCO.
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