PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Short Interest Down 14.8% in March

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 58,231 shares, a drop of 14.8% from the February 26th total of 68,336 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 140,544 shares, the days-to-cover ratio is presently 0.4 days.

PIMCO Mortgage-Backed Securities Active ETF Price Performance

Shares of PMBS opened at $49.46 on Thursday. PIMCO Mortgage-Backed Securities Active ETF has a 1 year low of $47.47 and a 1 year high of $50.95. The firm has a fifty day moving average of $50.01 and a 200-day moving average of $49.86.

PIMCO Mortgage-Backed Securities Active ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 3rd. Investors of record on Wednesday, April 1st will be given a $0.20 dividend. The ex-dividend date is Wednesday, April 1st.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PMBS. JPMorgan Chase & Co. bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the 2nd quarter worth about $152,000. Essex Bank acquired a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth approximately $209,000. Studio Investment Management LLC acquired a new position in shares of PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth approximately $203,000. Wayfinding Financial LLC bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter worth approximately $2,725,000. Finally, Columbia River Financial Group LLC bought a new position in PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter worth approximately $245,000.

About PIMCO Mortgage-Backed Securities Active ETF

The PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund invests in mortgage-backed securities, seeking actively managed risk-adjusted return potential. The fund aims to provide core, high-quality, intermediate-term exposure through fundamental selection and weighting. PMBS was launched on Sep 20, 2024 and is issued by PIMCO.