PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Shares Shorted: Short Interest Up 82.6% in October

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 29,489 shares, an increase of 82.6% from the September 30th total of 16,148 shares. Based on an average daily volume of 137,801 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Trading of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth about $37,000. Financial Management Professionals Inc. acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the third quarter valued at approximately $57,000. Continuum Advisory LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the second quarter valued at approximately $78,000. Wellington Altus USA Inc. increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 229.6% in the second quarter. Wellington Altus USA Inc. now owns 880 shares of the company’s stock valued at $82,000 after purchasing an additional 613 shares during the last quarter. Finally, Planning Strategies Inc. increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 1,910.7% in the third quarter. Planning Strategies Inc. now owns 1,126 shares of the company’s stock valued at $102,000 after purchasing an additional 1,070 shares during the last quarter.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Price Performance

Shares of HYS traded down $0.18 during midday trading on Friday, reaching $89.98. The stock had a trading volume of 81,389 shares, compared to its average volume of 133,030. The company’s fifty day simple moving average is $91.10 and its two-hundred day simple moving average is $92.97. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a 1-year low of $89.44 and a 1-year high of $95.57.

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.