PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) Short Interest Down 42.9% in October

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,600 shares, a drop of 42.9% from the September 30th total of 2,800 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On PIMCO Preferred and Capital Securities Active Exchange-Traded Fund

An institutional investor recently bought a new position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund stock. Flow Traders U.S. LLC purchased a new position in PIMCO Preferred and Capital Securities Active Exchange-Traded Fund (NYSEARCA:PRFD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,173 shares of the company’s stock, valued at approximately $519,000. Flow Traders U.S. LLC owned 0.26% of PIMCO Preferred and Capital Securities Active Exchange-Traded Fund at the end of the most recent reporting period.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Price Performance

NYSEARCA PRFD opened at $52.02 on Monday. The company’s 50 day moving average is $51.66 and its 200-day moving average is $50.83. PIMCO Preferred and Capital Securities Active Exchange-Traded Fund has a 12-month low of $48.01 and a 12-month high of $53.00.

PIMCO Preferred and Capital Securities Active Exchange-Traded Fund Company Profile

The PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) is an exchange-traded fund that is based on the ICE BofA US All Capital Securities index. The fund is actively managed to invest in a broad basket of preferred and capital securities issued by US and foreign companies. Portfolio holdings are of varying credit quality and maturity.