PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Stock Short Interest Report for September

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 175,170 shares, an increase of 190.9% from the September 15th total of 60,221 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 102,200 shares, the days-to-cover ratio is presently 1.7 days.

PIMCO Senior Loan Active Exchange-Traded Fund Price Performance

NYSEARCA LONZ opened at $48.82 on Wednesday. PIMCO Senior Loan Active Exchange-Traded Fund has a one year low of $48.77 and a one year high of $50.93. The firm has a 50 day simple moving average of $49.14 and a 200-day simple moving average of $49.27.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund stock. Concurrent Investment Advisors LLC acquired a new position in shares of PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 41,068 shares of the company’s stock, valued at approximately $1,245,000. Concurrent Investment Advisors LLC owned 0.35% of PIMCO Senior Loan Active Exchange-Traded Fund at the end of the most recent quarter.

PIMCO Senior Loan Active Exchange-Traded Fund Company Profile

The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks current income through the active management of US dollar-denominated senior floating rate bank loans that are rated below investment grade. LONZ was launched on Jun 8, 2022 and is managed by PIMCO.