PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Short Interest Update

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 3,525,596 shares, an increase of 231.9% from the August 31st total of 1,062,157 shares. Based on an average daily volume of 4,563,097 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Trading of PIMCO Multi Sector Bond Active ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PYLD. Envestnet Portfolio Solutions Inc. grew its position in PIMCO Multi Sector Bond Active ETF by 33.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 186,106 shares of the company’s stock valued at $4,936,000 after acquiring an additional 46,785 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 13.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock valued at $359,393,000 after buying an additional 1,570,862 shares in the last quarter. Security National Bank of SO Dak bought a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at about $594,000. Security National Bank of Sioux City Iowa IA purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $511,000. Finally, Anchor Investment Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth about $406,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

Shares of PIMCO Multi Sector Bond Active ETF stock traded up $0.02 during trading on Friday, reaching $25.54. 14,498,685 shares of the stock traded hands, compared to its average volume of 4,071,415. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.47 and a 52-week high of $27.04. The business has a fifty day simple moving average of $26.05 and a two-hundred day simple moving average of $26.25.

PIMCO Multi Sector Bond Active ETF Company Profile

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.