PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Short Interest Up 431.6% in January

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 40,198 shares, a growth of 431.6% from the January 15th total of 7,562 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 104,780 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 104,780 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund stock. JPMorgan Chase & Co. acquired a new position in shares of PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 150,716 shares of the company’s stock, valued at approximately $7,685,000. JPMorgan Chase & Co. owned about 1.10% of PIMCO Senior Loan Active Exchange-Traded Fund at the end of the most recent reporting period.

PIMCO Senior Loan Active Exchange-Traded Fund Stock Up 0.0%

Shares of LONZ opened at $50.00 on Friday. The company has a 50 day moving average price of $50.45 and a 200-day moving average price of $50.66. PIMCO Senior Loan Active Exchange-Traded Fund has a fifty-two week low of $47.79 and a fifty-two week high of $51.29.

PIMCO Senior Loan Active Exchange-Traded Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.38 per share. This is an increase from PIMCO Senior Loan Active Exchange-Traded Fund’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date was Monday, February 2nd.

About PIMCO Senior Loan Active Exchange-Traded Fund

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.