PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Short Interest Down 28.8% in February

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 16,328 shares, a decline of 28.8% from the February 12th total of 22,921 shares. Based on an average daily trading volume, of 91,245 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 91,245 shares, the days-to-cover ratio is currently 0.2 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank purchased a new stake in shares of PIMCO Senior Loan Active Exchange-Traded Fund during the 4th quarter valued at $2,011,000. L & S Advisors Inc grew its position in PIMCO Senior Loan Active Exchange-Traded Fund by 2.7% in the third quarter. L & S Advisors Inc now owns 130,706 shares of the company’s stock worth $6,675,000 after acquiring an additional 3,491 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in PIMCO Senior Loan Active Exchange-Traded Fund in the second quarter valued at $7,685,000.

PIMCO Senior Loan Active Exchange-Traded Fund Price Performance

NYSEARCA LONZ traded down $0.06 during trading on Friday, reaching $49.24. The company’s stock had a trading volume of 126,141 shares, compared to its average volume of 129,615. The firm has a fifty day moving average of $50.00 and a 200 day moving average of $50.46. PIMCO Senior Loan Active Exchange-Traded Fund has a one year low of $47.79 and a one year high of $51.29.

PIMCO Senior Loan Active Exchange-Traded Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.38 dividend. This represents a c) annualized dividend and a dividend yield of 9.3%. The ex-dividend date was Monday, March 2nd.

PIMCO Senior Loan Active Exchange-Traded Fund Company Profile

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.