PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Short Interest Update

PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,372,011 shares, an increase of 48.0% from the July 30th total of 1,602,391 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 3,485,192 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after acquiring an additional 4,896,498 shares during the last quarter. Morgan Stanley increased its position in PIMCO Multi Sector Bond Active ETF by 33.6% during the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after purchasing an additional 4,308,632 shares during the last quarter. LPL Financial LLC increased its position in PIMCO Multi Sector Bond Active ETF by 34.3% during the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after purchasing an additional 3,727,898 shares during the last quarter. Ocean Park Asset Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth approximately $87,004,000. Finally, WCG Wealth Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 216.0% during the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock worth $93,013,000 after purchasing an additional 2,382,880 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

PIMCO Multi Sector Bond Active ETF stock opened at $25.97 on Thursday. The stock has a fifty day moving average price of $26.24 and a 200 day moving average price of $26.37. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04.

About PIMCO Multi Sector Bond Active ETF

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.