PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Stock Short Interest Report for October

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 109,042 shares, a drop of 37.8% from the September 30th total of 175,170 shares. Based on an average trading volume of 111,541 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.8% of the shares of the company are sold short.

PIMCO Senior Loan Active Exchange-Traded Fund Price Performance

Shares of NYSEARCA:LONZ traded down $0.19 during trading on Monday, hitting $48.57. 19,695 shares of the stock were exchanged, compared to its average volume of 94,281. PIMCO Senior Loan Active Exchange-Traded Fund has a 1-year low of $48.55 and a 1-year high of $50.81. The company’s fifty day simple moving average is $49.03 and its 200-day simple moving average is $49.38.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PIMCO Senior Loan Active Exchange-Traded Fund stock. Concurrent Investment Advisors LLC purchased a new position in shares of PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 41,068 shares of the company’s stock, valued at approximately $1,245,000. Concurrent Investment Advisors LLC owned approximately 0.35% of PIMCO Senior Loan Active Exchange-Traded Fund at the end of the most recent reporting period.

PIMCO Senior Loan Active Exchange-Traded Fund Company Profile

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.