PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Short Interest Update

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 40,198 shares, an increase of 431.6% from the January 15th total of 7,562 shares. Based on an average daily volume of 104,780 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 104,780 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On PIMCO Senior Loan Active Exchange-Traded Fund

An institutional investor recently raised its position in PIMCO Senior Loan Active Exchange-Traded Fund stock. L & S Advisors Inc boosted its position in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) by 2.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,706 shares of the company’s stock after purchasing an additional 3,491 shares during the period. L & S Advisors Inc owned about 1.11% of PIMCO Senior Loan Active Exchange-Traded Fund worth $6,675,000 as of its most recent SEC filing.

PIMCO Senior Loan Active Exchange-Traded Fund Trading Up 0.2%

Shares of NYSEARCA LONZ opened at $49.99 on Wednesday. PIMCO Senior Loan Active Exchange-Traded Fund has a 52 week low of $47.79 and a 52 week high of $51.29. The firm has a 50-day moving average price of $50.47 and a 200 day moving average price of $50.66.

PIMCO Senior Loan Active Exchange-Traded Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.38 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date was Monday, February 2nd. This is a positive change from PIMCO Senior Loan Active Exchange-Traded Fund’s previous monthly dividend of $0.13.

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.