PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Update

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 107,487 shares, a growth of 558.7% from the April 30th total of 16,317 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 147,179 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of PIMCO Mortgage-Backed Securities Active ETF

Several institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the first quarter valued at approximately $28,000. JPMorgan Chase & Co. purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the second quarter valued at approximately $152,000. Studio Investment Management LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter valued at approximately $203,000. Essex Bank purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter valued at approximately $209,000. Finally, Columbia River Financial Group LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter valued at approximately $245,000.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

Shares of NASDAQ PMBS traded up $0.03 during midday trading on Friday, reaching $49.48. 124,419 shares of the stock were exchanged, compared to its average volume of 125,814. PIMCO Mortgage-Backed Securities Active ETF has a twelve month low of $47.90 and a twelve month high of $50.95. The firm has a 50-day simple moving average of $49.48 and a two-hundred day simple moving average of $49.79.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, May 1st.

About PIMCO Mortgage-Backed Securities Active ETF

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.