PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) Sees Large Drop in Short Interest

PIMCO Mortgage-Backed Securities Active ETF (NASDAQ:PMBS) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 7,667 shares, a decline of 14.9% from the January 29th total of 9,008 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 68,160 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 68,160 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PMBS. Seven Mile Advisory purchased a new stake in PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter valued at $1,405,000. Columbia River Financial Group LLC acquired a new position in shares of PIMCO Mortgage-Backed Securities Active ETF in the 4th quarter valued at about $245,000. Wayfinding Financial LLC purchased a new stake in shares of PIMCO Mortgage-Backed Securities Active ETF in the fourth quarter worth about $2,725,000. Studio Investment Management LLC acquired a new stake in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter worth about $203,000. Finally, Essex Bank purchased a new position in PIMCO Mortgage-Backed Securities Active ETF during the fourth quarter valued at approximately $209,000.

PIMCO Mortgage-Backed Securities Active ETF Trading Up 0.0%

Shares of NASDAQ PMBS traded up $0.02 during midday trading on Wednesday, reaching $50.24. The company had a trading volume of 62,039 shares, compared to its average volume of 77,263. PIMCO Mortgage-Backed Securities Active ETF has a 1 year low of $47.47 and a 1 year high of $50.95. The business’s 50-day simple moving average is $50.10 and its 200 day simple moving average is $49.81.

PIMCO Mortgage-Backed Securities Active ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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.