Short Interest in PIMCO Municipal Income Fund II (NYSE:PML) Rises By 125.9%

PIMCO Municipal Income Fund II (NYSE:PML) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 205,183 shares, an increase of 125.9% from the July 30th total of 90,842 shares. Based on an average trading volume of 358,168 shares, the short-interest ratio is presently 0.6 days.

Insider Buying and Selling at PIMCO Municipal Income Fund II

In other PIMCO Municipal Income Fund II news, Director Sonya Morris acquired 5,000 shares of the stock in a transaction dated Tuesday, July 21st. The stock was purchased at an average cost of $7.50 per share, with a total value of $37,500.00. Following the transaction, the director owned 10,000 shares in the company, valued at approximately $75,000. The trade was a 100.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Institutional Trading of PIMCO Municipal Income Fund II

Several large investors have recently modified their holdings of PML. Rivernorth Capital Management LLC boosted its stake in PIMCO Municipal Income Fund II by 5.4% during the second quarter. Rivernorth Capital Management LLC now owns 4,482,914 shares of the investment management company’s stock worth $34,115,000 after acquiring an additional 231,386 shares in the last quarter. Guggenheim Capital LLC increased its stake in PIMCO Municipal Income Fund II by 7.5% in the fourth quarter. Guggenheim Capital LLC now owns 2,338,947 shares of the investment management company’s stock valued at $17,636,000 after purchasing an additional 163,926 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in shares of PIMCO Municipal Income Fund II during the first quarter valued at about $8,240,000. Bank of America Corp DE acquired a new position in shares of PIMCO Municipal Income Fund II during the second quarter valued at about $8,244,000. Finally, Wagner Wealth Management LLC boosted its position in shares of PIMCO Municipal Income Fund II by 11.2% during the 1st quarter. Wagner Wealth Management LLC now owns 1,082,412 shares of the investment management company’s stock worth $8,194,000 after purchasing an additional 108,907 shares in the last quarter.

PIMCO Municipal Income Fund II Stock Down 0.4%

Shares of PIMCO Municipal Income Fund II stock traded down $0.03 on Friday, hitting $7.32. 292,277 shares of the company’s stock traded hands, compared to its average volume of 401,903. The company has a fifty day moving average of $7.45 and a two-hundred day moving average of $7.54. PIMCO Municipal Income Fund II has a one year low of $7.18 and a one year high of $8.01.

PIMCO Municipal Income Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th will be paid a $0.0395 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a c) annualized dividend and a yield of 6.5%.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.