Short Interest in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Drops By 93.7%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 28,398 shares, a decrease of 93.7% from the June 30th total of 451,959 shares. Based on an average daily trading volume, of 97,482 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Hedge funds have recently bought and sold shares of the business. WFA of San Diego LLC acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the second quarter worth about $96,000. BNP Paribas Financial Markets raised its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 73.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 35,800 shares of the company’s stock valued at $3,425,000 after acquiring an additional 15,200 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 124,656 shares of the company’s stock valued at $11,857,000 after acquiring an additional 6,822 shares in the last quarter. Burns J W & Co. Inc. NY lifted its holdings in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.1% in the 4th quarter. Burns J W & Co. Inc. NY now owns 3,273 shares of the company’s stock worth $310,000 after purchasing an additional 158 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. acquired a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 4th quarter worth approximately $41,000.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Performance

HYS stock traded down $0.08 during trading hours on Friday, hitting $92.42. The company’s stock had a trading volume of 69,493 shares, compared to its average volume of 144,009. The stock has a 50 day moving average price of $93.21 and a two-hundred day moving average price of $93.78. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 12 month low of $92.29 and a 12 month 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.