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

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 29,193 shares, an increase of 89.1% from the July 30th total of 15,439 shares. Based on an average daily trading volume, of 103,744 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

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

Institutional investors have recently bought and sold shares of the company. TD Private Client Wealth LLC increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 9.1% in the 4th quarter. TD Private Client Wealth LLC now owns 198,764 shares of the company’s stock worth $18,847,000 after purchasing an additional 16,584 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.8% in the third quarter. Ameriprise Financial Inc. now owns 124,656 shares of the company’s stock worth $11,857,000 after buying an additional 6,822 shares during the last quarter. Strategic Advocates LLC increased its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 31.7% in the fourth quarter. Strategic Advocates LLC now owns 76,100 shares of the company’s stock worth $7,268,000 after buying an additional 18,309 shares during the last quarter. Financial & Tax Architects LLC increased its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 7.7% in the first quarter. Financial & Tax Architects LLC now owns 39,531 shares of the company’s stock worth $3,687,000 after buying an additional 2,839 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 73.8% during the third quarter. BNP Paribas Financial Markets now owns 35,800 shares of the company’s stock valued at $3,425,000 after acquiring an additional 15,200 shares in the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Up 0.0%

Shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded up $0.04 on Monday, hitting $93.02. 100,278 shares of the company traded hands, compared to its average volume of 135,332. The company has a 50-day moving average price of $92.94 and a 200 day moving average price of $93.36. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 12-month low of $92.00 and a 12-month high of $95.88.

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.