PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Up 56.5% in September

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSGet Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 32,400 shares, an increase of 56.5% from the September 15th total of 20,700 shares. Based on an average daily trading volume, of 96,300 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 96,300 shares, the short-interest ratio is presently 0.3 days.

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

A hedge fund recently bought a new stake in PIMCO Mortgage-Backed Securities Active ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBSFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,100 shares of the company’s stock, valued at approximately $152,000.

PIMCO Mortgage-Backed Securities Active ETF Stock Performance

Shares of NASDAQ:PMBS opened at $49.95 on Friday. The firm has a fifty day moving average price of $49.56 and a 200 day moving average price of $48.84. PIMCO Mortgage-Backed Securities Active ETF has a fifty-two week low of $47.13 and a fifty-two week high of $50.14.

PIMCO Mortgage-Backed Securities Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.22 dividend. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Wednesday, October 1st.

About PIMCO Mortgage-Backed Securities Active ETF

(Get Free Report)

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.

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