PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Stock Short Interest Report for October

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 109,042 shares, a decline of 37.8% from the September 30th total of 175,170 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 111,541 shares, the short-interest ratio is currently 1.0 days.

PIMCO Senior Loan Active Exchange-Traded Fund Stock Up 0.2%

NYSEARCA:LONZ traded up $0.09 on Tuesday, reaching $48.59. The company’s stock had a trading volume of 23,163 shares, compared to its average volume of 93,961. PIMCO Senior Loan Active Exchange-Traded Fund has a 1-year low of $48.50 and a 1-year high of $50.81. The business’s 50-day moving average price is $49.02 and its two-hundred day moving average price is $49.37.

Hedge Funds Weigh In On PIMCO Senior Loan Active Exchange-Traded Fund

A hedge fund recently bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund stock. Fifth Third Securities Inc. bought a new position in shares of PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 24,143 shares of the company’s stock, valued at approximately $1,187,000. Fifth Third Securities Inc. owned approximately 0.18% of PIMCO Senior Loan Active Exchange-Traded Fund as of its most recent filing with the Securities and Exchange Commission.

About PIMCO Senior Loan Active Exchange-Traded Fund

The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks current income through the active management of US dollar-denominated senior floating rate bank loans that are rated below investment grade. LONZ was launched on Jun 8, 2022 and is managed by PIMCO.