PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Stock Short Interest Report for October

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 72,530 shares, an increase of 99.3% from the September 30th total of 36,395 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 315,286 shares, the days-to-cover ratio is currently 0.2 days.

PIMCO Mortgage-Backed Securities Active ETF Stock Down 0.3%

Shares of NASDAQ PMBS traded down $0.14 during mid-day trading on Monday, reaching $47.34. 14,867 shares of the company’s stock traded hands, compared to its average volume of 138,514. PIMCO Mortgage-Backed Securities Active ETF has a 1-year low of $45.71 and a 1-year high of $50.95. The business has a 50-day simple moving average of $47.24 and a 200 day simple moving average of $48.92.

PIMCO Mortgage-Backed Securities Active ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 4th. Investors of record on Monday, November 2nd will be given a dividend of $0.1850 per share. The ex-dividend date of this dividend is Monday, November 2nd. This is a positive change from PIMCO Mortgage-Backed Securities Active ETF’s previous monthly dividend of $0.18. This represents a $2.22 dividend on an annualized basis and a dividend yield of 4.7%.

Institutional Investors Weigh In On PIMCO Mortgage-Backed Securities Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new position in PIMCO Mortgage-Backed Securities Active ETF during the first quarter worth about $28,000. Studio Investment Management LLC raised its stake in shares of PIMCO Mortgage-Backed Securities Active ETF by 78.1% during the second quarter. Studio Investment Management LLC now owns 7,259 shares of the company’s stock valued at $358,000 after acquiring an additional 3,184 shares during the last quarter. Finally, Foster & Motley Inc. bought a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the 2nd quarter worth approximately $9,946,000.

PIMCO Mortgage-Backed Securities Active ETF Company Profile

The PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund invests in mortgage-backed securities, seeking actively managed risk-adjusted return potential. The fund aims to provide core, high-quality, intermediate-term exposure through fundamental selection and weighting. PMBS was launched on Sep 20, 2024 and is issued by PIMCO.