PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Update

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 8,044 shares, an increase of 69.2% from the February 12th total of 4,755 shares. Based on an average daily volume of 72,416 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 72,416 shares, the days-to-cover ratio is presently 0.1 days.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.3%

Shares of CORP stock traded down $0.33 during trading hours on Friday, reaching $96.43. 1,742,429 shares of the stock were exchanged, compared to its average volume of 132,892. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 12-month low of $92.45 and a 12-month high of $99.63. The business’s fifty day moving average is $98.23 and its two-hundred day moving average is $98.39.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.38 per share. This represents a c) annualized dividend and a yield of 4.7%. This is a positive change from PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund’s previous monthly dividend of $0.37. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC lifted its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 24.7% in the third quarter. NewEdge Advisors LLC now owns 179,925 shares of the company’s stock valued at $17,744,000 after acquiring an additional 35,651 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 7.0% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 140,919 shares of the company’s stock valued at $13,848,000 after buying an additional 9,207 shares during the period. Flow Traders U.S. LLC increased its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 81,384 shares of the company’s stock worth $8,026,000 after purchasing an additional 11,174 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 59,118 shares of the company’s stock valued at $5,815,000 after buying an additional 7,932 shares during the period. Finally, Evensky & Katz LLC increased its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 30.0% during the fourth quarter. Evensky & Katz LLC now owns 50,020 shares of the company’s stock worth $4,894,000 after acquiring an additional 11,545 shares during the last quarter.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.