Short Interest in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Expands By 191.5%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 179,372 shares, a growth of 191.5% from the December 15th total of 61,543 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average trading volume of 87,718 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 87,718 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.1% of the shares of the stock are sold short.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Down 0.1%

Shares of NYSEARCA HYS traded down $0.13 during mid-day trading on Thursday, hitting $95.22. 46,106 shares of the stock traded hands, compared to its average volume of 177,098. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a twelve month low of $86.65 and a twelve month high of $95.88. The firm has a 50 day simple moving average of $94.96 and a two-hundred day simple moving average of $95.01.

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

Institutional investors have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the third quarter worth approximately $41,000. CoreCap Advisors LLC lifted its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 3,553.3% during the 3rd quarter. CoreCap Advisors LLC now owns 548 shares of the company’s stock valued at $52,000 after acquiring an additional 533 shares during the period. WFA of San Diego LLC acquired a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter valued at $96,000. AdvisorNet Financial Inc boosted its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 19.2% during the second quarter. AdvisorNet Financial Inc now owns 2,473 shares of the company’s stock worth $235,000 after acquiring an additional 398 shares in the last quarter. Finally, Burns J W & Co. Inc. NY boosted its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 3,273 shares of the company’s stock worth $310,000 after acquiring an additional 158 shares in the last quarter.

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

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.