PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) Stock Short Interest Falls 38.8%

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (NYSEARCA:HYS) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 16,148 shares, a drop of 38.8% from the September 15th total of 26,393 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 150,529 shares, the short-interest ratio is presently 0.1 days.

PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund Stock Down 0.5%

Shares of HYS traded down $0.41 during midday trading on Friday, reaching $89.53. 135,125 shares of the stock were exchanged, compared to its average volume of 133,697. The stock’s 50 day simple moving average is $91.76 and its 200 day simple moving average is $92.76. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a twelve month low of $89.45 and a twelve month high of $95.88.

Institutional Investors Weigh In On PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

Several institutional investors have recently made changes to their positions in the stock. Financial & Tax Architects LLC lifted its holdings in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 1.8% during the 3rd quarter. Financial & Tax Architects LLC now owns 44,599 shares of the company’s stock worth $4,035,000 after acquiring an additional 791 shares during the period. CoreCap Advisors LLC increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 35.7% in the third quarter. CoreCap Advisors LLC now owns 2,150 shares of the company’s stock valued at $195,000 after acquiring an additional 566 shares during the last quarter. Planning Strategies Inc. increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 1,910.7% in the third quarter. Planning Strategies Inc. now owns 1,126 shares of the company’s stock valued at $102,000 after acquiring an additional 1,070 shares during the last quarter. Wellington Altus USA Inc. increased its stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 229.6% in the second quarter. Wellington Altus USA Inc. now owns 880 shares of the company’s stock valued at $82,000 after acquiring an additional 613 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter valued at approximately $78,000.

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.