PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Shares Shorted: Short Interest Up 82.6% in October

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 29,489 shares, a growth of 82.6% from the September 30th total of 16,148 shares. Based on an average daily trading volume, of 137,801 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Down 0.7%

Shares of HYS stock opened at $89.32 on Tuesday. The stock has a fifty day moving average price of $91.03 and a 200 day moving average price of $92.94. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a one year low of $89.29 and a one year high of $95.57.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. CKW Financial Group acquired a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the third quarter worth approximately $315,000. Financial Management Professionals Inc. bought a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the third quarter worth about $57,000. Fifth Third Securities Inc. acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the third quarter valued at approximately $210,000. Financial & Tax Architects LLC increased its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 1.8% in the 3rd quarter. Financial & Tax Architects LLC now owns 44,599 shares of the company’s stock valued at $4,035,000 after buying an additional 791 shares in the last quarter. Finally, CoreCap Advisors LLC raised its position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 35.7% during the third quarter. CoreCap Advisors LLC now owns 2,150 shares of the company’s stock worth $195,000 after purchasing an additional 566 shares during the period.

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.