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

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

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

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded down $0.08 during mid-day trading on Friday, reaching $92.42. 69,493 shares of the company were exchanged, compared to its average volume of 144,009. The business has a fifty day moving average of $93.21 and a 200 day moving average 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.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Financial Management Professionals Inc. increased its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 13.2% during the 4th quarter. Financial Management Professionals Inc. now owns 246,051 shares of the company’s stock valued at $23,483,000 after buying an additional 28,641 shares in the last quarter. Advisors Preferred LLC acquired a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the first quarter worth about $2,518,000. Strategic Advocates LLC grew its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 31.7% during the fourth quarter. Strategic Advocates LLC now owns 76,100 shares of the company’s stock worth $7,268,000 after acquiring an additional 18,309 shares during the last quarter. TD Private Client Wealth LLC grew its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 9.1% during the fourth quarter. TD Private Client Wealth LLC now owns 198,764 shares of the company’s stock worth $18,847,000 after acquiring an additional 16,584 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 156.0% during the first quarter. Janney Montgomery Scott LLC now owns 25,996 shares of the company’s stock valued at $2,425,000 after acquiring an additional 15,842 shares in the last quarter.

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.