PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Update

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 13,138 shares, a drop of 78.8% from the February 12th total of 61,987 shares. Based on an average daily volume of 108,519 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 108,519 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

A number of institutional investors have recently modified their holdings of HYS. Advisory Services Network LLC grew its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 10.1% during the 4th quarter. Advisory Services Network LLC now owns 26,670 shares of the company’s stock worth $2,529,000 after purchasing an additional 2,438 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $1,120,000. Wayfinding Financial LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $769,000. IFC & Insurance Marketing Inc. bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the fourth quarter worth about $31,000. Finally, Janney Montgomery Scott LLC bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the fourth quarter worth about $963,000.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Down 0.1%

Shares of NYSEARCA HYS traded down $0.11 during midday trading on Tuesday, reaching $93.60. The company’s stock had a trading volume of 91,013 shares, compared to its average volume of 170,711. The business’s 50 day moving average price is $94.77 and its two-hundred day moving average price is $95.00. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a fifty-two week low of $86.65 and a fifty-two week high of $95.88.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.59 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date was Monday, March 2nd.

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

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.