PIMCO Municipal Income Fund II (NYSE:PML) Short Interest Update

PIMCO Municipal Income Fund II (NYSE:PMLGet Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 40,254 shares, a decrease of 48.2% from the December 31st total of 77,680 shares. Based on an average trading volume of 328,529 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 328,529 shares, the short-interest ratio is currently 0.1 days.

PIMCO Municipal Income Fund II Trading Up 0.5%

NYSE PML traded up $0.04 during trading hours on Friday, reaching $7.70. The company had a trading volume of 303,543 shares, compared to its average volume of 345,702. PIMCO Municipal Income Fund II has a 1-year low of $7.10 and a 1-year high of $8.67. The stock has a 50-day moving average of $7.61 and a 200 day moving average of $7.58.

PIMCO Municipal Income Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Tuesday, January 13th will be given a $0.0395 dividend. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, January 13th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PML. Wagner Wealth Management LLC lifted its stake in PIMCO Municipal Income Fund II by 506.9% during the fourth quarter. Wagner Wealth Management LLC now owns 973,505 shares of the investment management company’s stock worth $7,340,000 after purchasing an additional 813,093 shares during the last quarter. GC Wealth Management RIA LLC raised its stake in PIMCO Municipal Income Fund II by 119.5% during the 4th quarter. GC Wealth Management RIA LLC now owns 88,492 shares of the investment management company’s stock valued at $667,000 after acquiring an additional 48,178 shares during the last quarter. Camelot Portfolios LLC purchased a new stake in shares of PIMCO Municipal Income Fund II during the fourth quarter worth approximately $68,000. Calamos Advisors LLC raised its position in PIMCO Municipal Income Fund II by 32.1% during the 4th quarter. Calamos Advisors LLC now owns 73,063 shares of the investment management company’s stock worth $551,000 after buying an additional 17,775 shares during the last quarter. Finally, Novem Group raised its holdings in PIMCO Municipal Income Fund II by 6.5% during the fourth quarter. Novem Group now owns 34,233 shares of the investment management company’s stock worth $258,000 after purchasing an additional 2,098 shares in the last quarter.

About PIMCO Municipal Income Fund II

(Get Free Report)

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.

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