PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Sees Significant Increase in Short Interest

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 15,937 shares, a growth of 158.6% from the May 14th total of 6,162 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 168,849 shares, the short-interest ratio is presently 0.1 days.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Up 0.0%

HYS traded up $0.04 during midday trading on Friday, reaching $93.43. 84,740 shares of the company’s stock traded hands, compared to its average volume of 150,201. The firm has a fifty day moving average of $93.53 and a two-hundred day moving average of $94.18. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 52 week low of $92.29 and a 52 week high of $95.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. bought a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at approximately $31,000. Nalls Sherbakoff Group LLC bought a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at approximately $33,000. Ascentis Independent Advisors purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $37,000. Investment Research & Advisory Group Inc. purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth approximately $41,000. Finally, WFA of San Diego LLC purchased a new position in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter worth approximately $96,000.

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.