Pcm Fund (NYSE:PCM) Short Interest Update

Pcm Fund (NYSE:PCM) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 19,769 shares, a growth of 68.4% from the January 15th total of 11,736 shares. Based on an average daily volume of 68,843 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 68,843 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Pcm Fund

Large investors have recently bought and sold shares of the company. StoneX Group Inc. acquired a new stake in Pcm Fund in the 4th quarter valued at approximately $68,000. Everett Harris & Co. CA acquired a new stake in shares of Pcm Fund in the fourth quarter valued at approximately $80,000. Integrity Advisory Solutions LLC bought a new stake in shares of Pcm Fund in the fourth quarter worth $83,000. Scotia Capital Inc. acquired a new position in Pcm Fund during the third quarter worth $92,000. Finally, Kestra Advisory Services LLC boosted its holdings in Pcm Fund by 65.2% during the fourth quarter. Kestra Advisory Services LLC now owns 34,637 shares of the investment management company’s stock worth $213,000 after purchasing an additional 13,667 shares during the last quarter. Institutional investors own 10.26% of the company’s stock.

Pcm Fund Trading Down 0.2%

NYSE PCM opened at $6.07 on Friday. Pcm Fund has a 12 month low of $5.88 and a 12 month high of $6.77. The stock has a 50-day simple moving average of $6.09 and a 200 day simple moving average of $6.29.

Pcm Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 12th will be paid a dividend of $0.0642 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a c) annualized dividend and a yield of 12.7%.

About Pcm Fund

PCM Fund, Inc (NYSE: PCM) is a diversified, closed-end management investment company incorporated in the United States. Since its inception in 1989, the Fund has sought to deliver a high level of current income and pursue capital preservation. Shares of PCM Fund trade on the New York Stock Exchange, offering investors access to a professionally managed portfolio of fixed income securities through a single, publicly traded vehicle.

The Fund’s investment strategy focuses on mortgage-related securities, with a core allocation to agency mortgage-backed securities (MBS) issued or guaranteed by U.S.