Pimco Total Return ETF (NYSEARCA:BOND) Sees Significant Increase in Short Interest

Pimco Total Return ETF (NYSEARCA:BOND) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 306,400 shares, an increase of 51.0% from the September 30th total of 202,900 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 296,900 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 296,900 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Trading of Pimco Total Return ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Transce3nd LLC grew its position in Pimco Total Return ETF by 53.0% in the second quarter. Transce3nd LLC now owns 358 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 124 shares during the last quarter. Banque Transatlantique SA bought a new stake in shares of Pimco Total Return ETF during the 1st quarter worth $36,000. SVB Wealth LLC bought a new stake in shares of Pimco Total Return ETF during the 1st quarter worth $39,000. Assetmark Inc. grew its holdings in shares of Pimco Total Return ETF by 9,566.7% in the 1st quarter. Assetmark Inc. now owns 580 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 574 shares during the last quarter. Finally, Maseco LLP acquired a new stake in shares of Pimco Total Return ETF during the second quarter worth $60,000.

Pimco Total Return ETF Stock Performance

NYSEARCA BOND traded down $0.53 on Monday, reaching $93.35. The company’s stock had a trading volume of 290,207 shares, compared to its average volume of 340,447. Pimco Total Return ETF has a twelve month low of $88.95 and a twelve month high of $94.56. The stock has a market cap of $6.25 billion, a PE ratio of 1.60 and a beta of 0.27. The firm’s 50 day moving average is $93.43 and its two-hundred day moving average is $92.02.

About Pimco Total Return ETF

The PIMCO Active Bond Exchange-Traded Fund (BOND) is an exchange-traded fund that is based on the Barclays U.S. Aggregate index. The fund is an actively managed portfolio that aims to maintain a consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies.