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

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 88,335 shares, a drop of 50.8% from the December 31st total of 179,372 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 187,983 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 187,983 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the company’s stock are sold short.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Trading Up 0.1%

HYS stock traded up $0.13 during midday trading on Friday, hitting $95.18. 228,371 shares of the company traded hands, compared to its average volume of 179,399. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a twelve month low of $86.65 and a twelve month high of $95.88. The business has a 50 day simple moving average of $95.12 and a 200-day simple moving average of $95.07.

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

Institutional investors have recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB bought a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 3rd quarter valued at $41,000. Investment Research & Advisory Group Inc. acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at about $41,000. CoreCap Advisors LLC increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 3,553.3% in the third quarter. CoreCap Advisors LLC now owns 548 shares of the company’s stock valued at $52,000 after purchasing an additional 533 shares in the last quarter. WFA of San Diego LLC bought a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the 2nd quarter valued at $96,000. Finally, Burns J W & Co. Inc. NY grew its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.1% in the fourth quarter. Burns J W & Co. Inc. NY now owns 3,273 shares of the company’s stock valued at $310,000 after acquiring an additional 158 shares during the period.

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.