Short Interest in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) Drops By 46.7%

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 48,190 shares, a decrease of 46.7% from the May 31st total of 90,493 shares. Based on an average daily trading volume, of 131,372 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Trading of PIMCO Senior Loan Active Exchange-Traded Fund

A hedge fund recently bought a new stake in PIMCO Senior Loan Active Exchange-Traded Fund stock. Toronto Dominion Bank bought a new stake in shares of PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 40,000 shares of the company’s stock, valued at approximately $2,011,000. Toronto Dominion Bank owned about 0.42% of PIMCO Senior Loan Active Exchange-Traded Fund as of its most recent SEC filing.

PIMCO Senior Loan Active Exchange-Traded Fund Price Performance

Shares of PIMCO Senior Loan Active Exchange-Traded Fund stock opened at $49.26 on Tuesday. PIMCO Senior Loan Active Exchange-Traded Fund has a 52 week low of $48.81 and a 52 week high of $51.12. The stock has a 50 day moving average price of $49.46 and a two-hundred day moving average price of $49.77.

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.