PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Up 47.0% in February

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 61,987 shares, an increase of 47.0% from the January 29th total of 42,177 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 192,579 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 192,579 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.4% of the shares of the stock are short sold.

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

Institutional investors have recently modified their holdings of the business. IFC & Insurance Marketing Inc. acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth about $31,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the third quarter valued at $41,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at about $41,000. CoreCap Advisors LLC raised its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 3,553.3% in the 3rd quarter. CoreCap Advisors LLC now owns 548 shares of the company’s stock worth $52,000 after buying an additional 533 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter valued at $96,000.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.3%

Shares of HYS stock traded down $0.26 on Friday, reaching $94.39. 106,612 shares of the stock were exchanged, compared to its average volume of 166,418. 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 firm has a 50 day moving average of $94.98 and a two-hundred day moving average of $95.05.

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

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

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.