PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Up 146.1% in August

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 63,881 shares, an increase of 146.1% from the August 15th total of 25,957 shares. Based on an average trading volume of 99,985 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On PIMCO Mortgage-Backed Securities Active ETF

A number of hedge funds have recently bought and sold shares of PMBS. Foster & Motley Inc. bought a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the second quarter worth approximately $9,946,000. Wayfinding Financial LLC acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth approximately $2,725,000. Seven Mile Advisory bought a new position in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter worth $1,405,000. Columbia River Financial Group LLC bought a new position in PIMCO Mortgage-Backed Securities Active ETF during the 4th quarter worth $245,000. Finally, Studio Investment Management LLC acquired a new position in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at $203,000.

PIMCO Mortgage-Backed Securities Active ETF Trading Down 0.2%

PMBS stock traded down $0.10 during midday trading on Friday, reaching $47.51. 57,897 shares of the company were exchanged, compared to its average volume of 110,002. The business has a 50-day moving average price of $48.62 and a two-hundred day moving average price of $49.23. PIMCO Mortgage-Backed Securities Active ETF has a one year low of $47.47 and a one year high of $50.95.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

About PIMCO Mortgage-Backed Securities Active ETF

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. PMBS was launched on Sep 20, 2024 and is issued by PIMCO.