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

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 42,177 shares, a drop of 52.3% from the January 15th total of 88,335 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 171,017 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 171,017 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Burns J W & Co. Inc. NY raised its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.1% during the 4th quarter. Burns J W & Co. Inc. NY now owns 3,273 shares of the company’s stock worth $310,000 after buying an additional 158 shares during the period. CKW Financial Group raised its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.6% during the third quarter. CKW Financial Group now owns 4,423 shares of the company’s stock worth $422,000 after purchasing an additional 234 shares during the period. IFC & Insurance Marketing Inc. bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth $31,000. MassMutual Private Wealth & Trust FSB acquired a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 3rd quarter valued at $41,000. Finally, Investment Research & Advisory Group Inc. bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at $41,000.

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

Shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded up $0.03 during trading on Friday, reaching $94.57. 100,587 shares of the company traded hands, compared to its average volume of 183,806. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 1-year low of $86.65 and a 1-year high of $95.88. The company has a 50 day moving average price of $95.03 and a 200-day moving average price of $95.06.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.60 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 7.6%.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Company Profile

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.