Short Interest in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Decreases By 69.4%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 8,942 shares, a drop of 69.4% from the August 15th total of 29,193 shares. Based on an average trading volume of 81,029 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Nalls Sherbakoff Group LLC acquired a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter worth $33,000. Ascentis Independent Advisors bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the first quarter worth about $37,000. Continuum Advisory LLC bought a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter worth about $78,000. CoreCap Advisors LLC increased its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 80.4% in the 2nd quarter. CoreCap Advisors LLC now owns 1,584 shares of the company’s stock worth $148,000 after acquiring an additional 706 shares during the period. Finally, Everett Harris & Co. CA acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth about $216,000.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Down 0.2%

Shares of NYSEARCA:HYS traded down $0.17 during trading on Monday, hitting $91.70. 79,603 shares of the company traded hands, compared to its average volume of 132,681. The business’s fifty day moving average is $92.75 and its 200-day moving average is $93.21. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a one year low of $91.58 and a one year high of $95.88.

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.