PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,591 shares, an increase of 640.5% from the August 15th total of 620 shares. Based on an average trading volume of 8,009 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.
PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Trading Down 0.1%
Shares of PRFD stock opened at $49.92 on Friday. PIMCO Preferred and Capital Securities Active Exchange-Traded Fund has a 1 year low of $49.90 and a 1 year high of $52.60. The firm’s 50 day moving average is $50.63 and its 200-day moving average is $50.98.
Institutional Inflows and Outflows
A hedge fund recently raised its position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock. JPMorgan Chase & Co. increased its position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD – Free Report) by 44,286.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,530 shares of the company’s stock after purchasing an additional 19,486 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.52% of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund worth $1,012,000 as of its most recent SEC filing.
About PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
The PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) is an exchange-traded fund that is based on the ICE BofA US All Capital Securities index. The fund is actively managed to invest in a broad basket of preferred and capital securities issued by US and foreign companies. Portfolio holdings are of varying credit quality and maturity. PRFD was launched on Jan 18, 2023 and is managed by PIMCO.
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