Short Interest in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Increases By 367.6%

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 87,086 shares, a growth of 367.6% from the August 15th total of 18,623 shares. Based on an average trading volume of 44,279 shares, the short-interest ratio is presently 2.0 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Trading of PIMCO Senior Loan Active Exchange-Traded Fund

Several large investors have recently made changes to their positions in the company. Concurrent Investment Advisors LLC bought a new stake in PIMCO Senior Loan Active Exchange-Traded Fund in the 2nd quarter valued at about $1,245,000. Toronto Dominion Bank bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund in the fourth quarter worth approximately $2,011,000. Finally, JPMorgan Chase & Co. bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund in the second quarter worth approximately $7,685,000.

PIMCO Senior Loan Active Exchange-Traded Fund Stock Down 0.1%

NYSEARCA LONZ traded down $0.03 on Friday, hitting $49.12. 57,541 shares of the company were exchanged, compared to its average volume of 94,793. The stock has a fifty day moving average of $49.19 and a 200-day moving average of $49.32. PIMCO Senior Loan Active Exchange-Traded Fund has a 12 month low of $48.81 and a 12 month high of $51.09.

PIMCO Senior Loan Active Exchange-Traded Fund Company Profile

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.