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

PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 40,198 shares, a growth of 431.6% from the January 15th total of 7,562 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 104,780 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 104,780 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are sold short.

PIMCO Senior Loan Active Exchange-Traded Fund Stock Performance

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 stock’s fifty day simple moving average is $50.47 and its 200-day simple moving average is $50.66.

PIMCO Senior Loan Active Exchange-Traded Fund Increases Dividend

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

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

A hedge fund recently bought a new stake in PIMCO Senior Loan Active Exchange-Traded Fund stock. JPMorgan Chase & Co. acquired a new stake in PIMCO Senior Loan Active Exchange-Traded Fund (NYSEARCA:LONZ) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 150,716 shares of the company’s stock, valued at approximately $7,685,000. JPMorgan Chase & Co. owned about 1.10% of PIMCO Senior Loan Active Exchange-Traded Fund at the end of the most recent reporting period.

About PIMCO Senior Loan Active Exchange-Traded Fund

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.