Short Interest in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Grows By 233.6%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 53,170 shares, a growth of 233.6% from the May 31st total of 15,937 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 115,601 shares, the short-interest ratio is currently 0.5 days.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Up 0.1%

HYS stock opened at $93.45 on Friday. The business’s 50-day moving average price is $93.51 and its two-hundred day moving average price is $94.07. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 1-year low of $92.29 and a 1-year high of $95.88.

Hedge Funds Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. bought a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth approximately $31,000. Nalls Sherbakoff Group LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at $33,000. Ascentis Independent Advisors bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the first quarter valued at $37,000. Investment Research & Advisory Group Inc. bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth about $41,000. Finally, WFA of San Diego LLC bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter valued at approximately $96,000.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund aims to capture exposure to the short maturity segment of the high-yield corporate bond sector. HYS was launched on Jun 16, 2011 and is managed by PIMCO.