PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ – Get Free Report) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 90,493 shares, an increase of 99.3% from the May 14th total of 45,408 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 181,872 shares, the short-interest ratio is presently 0.5 days.
Institutional Trading of PIMCO Senior Loan Active Exchange-Traded Fund
Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new stake in shares of PIMCO Senior Loan Active Exchange-Traded Fund in the 2nd quarter valued at $7,685,000. Toronto Dominion Bank purchased a new stake in shares of PIMCO Senior Loan Active Exchange-Traded Fund in the 4th quarter valued at $2,011,000. Finally, L & S Advisors Inc boosted its holdings in shares of PIMCO Senior Loan Active Exchange-Traded Fund by 2.7% in the 3rd quarter. L & S Advisors Inc now owns 130,706 shares of the company’s stock valued at $6,675,000 after acquiring an additional 3,491 shares during the last quarter.
PIMCO Senior Loan Active Exchange-Traded Fund Stock Up 0.0%
NYSEARCA:LONZ traded up $0.01 during trading hours on Friday, hitting $49.24. 45,833 shares of the company were exchanged, compared to its average volume of 120,613. PIMCO Senior Loan Active Exchange-Traded Fund has a 52-week low of $48.81 and a 52-week high of $51.29. The company’s 50 day moving average price is $49.45 and its 200-day moving average price is $49.87.
About PIMCO Senior Loan Active Exchange-Traded Fund
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.
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