PIMCO Municipal Income Fund II (NYSE:PML) Short Interest Update

PIMCO Municipal Income Fund II (NYSE:PML) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 284,228 shares, an increase of 82.9% from the March 15th total of 155,405 shares. Based on an average trading volume of 397,378 shares, the short-interest ratio is presently 0.7 days.

PIMCO Municipal Income Fund II Stock Performance

Shares of PML opened at $7.55 on Wednesday. The company has a 50-day moving average of $7.66 and a two-hundred day moving average of $7.71. PIMCO Municipal Income Fund II has a 12-month low of $7.10 and a 12-month high of $8.01.

PIMCO Municipal Income Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 1st. Shareholders of record on Monday, April 13th will be given a dividend of $0.0395 per share. The ex-dividend date is Monday, April 13th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Insider Transactions at PIMCO Municipal Income Fund II

In other PIMCO Municipal Income Fund II news, Director Sonya Morris bought 5,000 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was bought at an average price of $7.48 per share, for a total transaction of $37,400.00. Following the completion of the transaction, the director owned 5,000 shares in the company, valued at approximately $37,400. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Hedge Funds Weigh In On PIMCO Municipal Income Fund II

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors raised its position in PIMCO Municipal Income Fund II by 0.5% during the fourth quarter. Captrust Financial Advisors now owns 283,257 shares of the investment management company’s stock worth $2,136,000 after acquiring an additional 1,426 shares during the last quarter. Comerica Bank raised its position in PIMCO Municipal Income Fund II by 49.7% during the first quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock worth $35,000 after acquiring an additional 1,446 shares during the last quarter. Wakefield Asset Management LLLP raised its position in PIMCO Municipal Income Fund II by 0.7% during the fourth quarter. Wakefield Asset Management LLLP now owns 214,566 shares of the investment management company’s stock worth $1,618,000 after acquiring an additional 1,541 shares during the last quarter. RFG Advisory LLC grew its holdings in shares of PIMCO Municipal Income Fund II by 13.5% during the third quarter. RFG Advisory LLC now owns 17,002 shares of the investment management company’s stock worth $134,000 after buying an additional 2,026 shares in the last quarter. Finally, Novem Group raised its position in shares of PIMCO Municipal Income Fund II by 6.5% in the fourth quarter. Novem Group now owns 34,233 shares of the investment management company’s stock valued at $258,000 after buying an additional 2,098 shares during the last quarter.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.