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

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 61,543 shares, an increase of 69.0% from the November 30th total of 36,423 shares. Based on an average daily volume of 106,886 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 106,886 shares, the short-interest ratio is presently 0.6 days.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Performance

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded up $0.01 during midday trading on Monday, reaching $95.43. The stock had a trading volume of 124,394 shares, compared to its average volume of 125,477. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 52-week low of $86.65 and a 52-week high of $95.88. The company has a fifty day moving average of $94.97 and a 200 day moving average of $94.93.

Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

A number of institutional investors and hedge funds have recently modified their holdings of HYS. MassMutual Private Wealth & Trust FSB bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 3rd quarter worth $41,000. CoreCap Advisors LLC lifted its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 3,553.3% in the third quarter. CoreCap Advisors LLC now owns 548 shares of the company’s stock worth $52,000 after acquiring an additional 533 shares during the period. WFA of San Diego LLC bought a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter worth about $96,000. AdvisorNet Financial Inc grew its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 19.2% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,473 shares of the company’s stock worth $235,000 after acquiring an additional 398 shares in the last quarter. Finally, CKW Financial Group increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.6% during the 3rd quarter. CKW Financial Group now owns 4,423 shares of the company’s stock valued at $422,000 after purchasing an additional 234 shares during the period.

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.