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) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 88,335 shares, a drop of 50.8% from the December 31st total of 179,372 shares. Based on an average daily volume of 187,983 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 187,983 shares, the short-interest ratio is currently 0.5 days.

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

Shares of NYSEARCA:HYS opened at $95.24 on Thursday. PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund has a one year low of $86.65 and a one year high of $95.88. The company has a 50-day simple moving average of $95.10 and a 200-day simple moving average of $95.07.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the third quarter worth $41,000. Investment Research & Advisory Group Inc. acquired a new position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the fourth quarter worth $41,000. CoreCap Advisors LLC grew its stake in shares of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 3,553.3% during the 3rd quarter. CoreCap Advisors LLC now owns 548 shares of the company’s stock worth $52,000 after purchasing an additional 533 shares during the period. WFA of San Diego LLC purchased a new stake in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund during the second quarter worth about $96,000. Finally, Burns J W & Co. Inc. NY grew its position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund by 5.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 3,273 shares of the company’s stock worth $310,000 after buying an additional 158 shares during the period.

About PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

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.