PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Stock Short Interest Report for October

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,297,892 shares, an increase of 127.1% from the September 30th total of 2,772,745 shares. Based on an average daily volume of 8,256,605 shares, the short-interest ratio is presently 0.8 days. Approximately 1.0% of the company’s shares are sold short.

Hedge Funds Weigh In On PIMCO Multi Sector Bond Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in PYLD. Bank of America Corp DE increased its position in PIMCO Multi Sector Bond Active ETF by 26.9% during the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after purchasing an additional 4,896,498 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 13.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock worth $359,393,000 after purchasing an additional 1,570,862 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 12.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock valued at $328,883,000 after purchasing an additional 1,406,458 shares in the last quarter. Retirement Planning Group LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $193,884,000. Finally, Advance Capital Management Inc. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 44.7% during the first quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock valued at $186,279,000 after buying an additional 2,195,875 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

PYLD traded up $0.01 during midday trading on Friday, reaching $25.63. 5,018,872 shares of the company’s stock traded hands, compared to its average volume of 4,492,525. The firm has a fifty day moving average of $25.69 and a two-hundred day moving average of $26.26. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 and a 52 week high of $26.95.

PIMCO Multi Sector Bond Active ETF Company Profile

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.