Short Interest in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Decreases By 45.6%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 15,439 shares, a drop of 45.6% from the July 15th total of 28,398 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 103,859 shares, the short-interest ratio is presently 0.1 days.

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

HYS traded down $0.12 on Monday, reaching $92.88. 63,256 shares of the company traded hands, compared to its average volume of 138,703. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a one year low of $92.00 and a one year high of $95.88. The firm has a fifty day simple moving average of $93.02 and a two-hundred day simple moving average of $93.48.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. IFC & Insurance Marketing Inc. purchased a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at approximately $31,000. Nalls Sherbakoff Group LLC purchased a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 4th quarter worth $33,000. Ascentis Independent Advisors purchased a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth $37,000. WFA of San Diego LLC bought a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the 2nd quarter valued at $96,000. Finally, CoreCap Advisors LLC raised its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 80.4% during the 2nd quarter. CoreCap Advisors LLC now owns 1,584 shares of the company’s stock valued at $148,000 after purchasing an additional 706 shares in the last quarter.

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.