PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Sees Large Decrease in Short Interest

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSGet Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 10,862 shares, a decrease of 41.3% from the December 15th total of 18,513 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 51,143 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 51,143 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PIMCO Mortgage-Backed Securities Active ETF stock. JPMorgan Chase & Co. acquired a new position in PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSFree Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,100 shares of the company’s stock, valued at approximately $152,000.

PIMCO Mortgage-Backed Securities Active ETF Stock Performance

PMBS traded down $0.03 on Thursday, reaching $50.07. The company had a trading volume of 73,395 shares, compared to its average volume of 95,073. PIMCO Mortgage-Backed Securities Active ETF has a one year low of $47.47 and a one year high of $50.95. The company has a fifty day moving average of $49.78 and a 200-day moving average of $49.46.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The business also recently disclosed a special dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a dividend yield of 483.0%.

About PIMCO Mortgage-Backed Securities Active ETF

(Get Free Report)

The PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund invests in mortgage-backed securities, seeking actively managed risk-adjusted return potential. The fund aims to provide core, high-quality, intermediate-term exposure through fundamental selection and weighting. PMBS was launched on Sep 20, 2024 and is issued by PIMCO.

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