PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Short Interest Update

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 8,942 shares, a decline of 69.4% from the August 15th total of 29,193 shares. Based on an average daily volume of 81,029 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HYS. Arkadios Wealth Advisors increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 101.4% in the 1st quarter. Arkadios Wealth Advisors now owns 23,792 shares of the company’s stock worth $2,219,000 after acquiring an additional 11,979 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 80.4% in the second quarter. CoreCap Advisors LLC now owns 1,584 shares of the company’s stock valued at $148,000 after acquiring an additional 706 shares during the period. Bank of New York Mellon Corp raised its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 6.2% in the 1st quarter. Bank of New York Mellon Corp now owns 8,413 shares of the company’s stock worth $785,000 after purchasing an additional 491 shares during the period. Ameriprise Financial Inc. increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.8% in the third quarter. Ameriprise Financial Inc. now owns 124,656 shares of the company’s stock worth $11,857,000 after purchasing an additional 6,822 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 73.8% in the third quarter. BNP Paribas Financial Markets now owns 35,800 shares of the company’s stock worth $3,425,000 after purchasing an additional 15,200 shares during the period.

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

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock traded up $0.05 during mid-day trading on Friday, hitting $91.87. The stock had a trading volume of 51,967 shares, compared to its average volume of 132,986. The firm’s 50 day moving average is $92.75 and its 200 day moving average is $93.22. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a one year low of $91.75 and a one year high of $95.88.

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.