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

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 15,642 shares, an increase of 19.1% from the February 26th total of 13,138 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 176,174 shares, the days-to-cover ratio is currently 0.1 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC bought a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at $963,000. WFA of San Diego LLC bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the second quarter worth $96,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth $31,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth $33,000. Finally, North Dallas Bank & Trust Co. bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the fourth quarter valued at $674,000.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Up 0.4%

Shares of NYSEARCA HYS traded up $0.35 during trading on Tuesday, reaching $92.97. 35,192 shares of the stock traded hands, compared to its average volume of 158,791. 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 50-day moving average of $94.12 and a 200-day moving average of $94.76.

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, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.59 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date was Monday, March 2nd.

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.