PIMCO Income Strategy Fund (NYSE:PFL – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 127,200 shares, an increase of 1,198.0% from the September 30th total of 9,800 shares. Based on an average daily volume of 149,700 shares, the days-to-cover ratio is currently 0.8 days.
PIMCO Income Strategy Fund Stock Performance
Shares of PIMCO Income Strategy Fund stock traded down $0.03 during trading on Friday, hitting $8.52. The company’s stock had a trading volume of 72,123 shares, compared to its average volume of 123,233. PIMCO Income Strategy Fund has a 52 week low of $6.98 and a 52 week high of $8.81. The stock has a 50-day moving average price of $8.50 and a two-hundred day moving average price of $8.33.
PIMCO Income Strategy Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 11th will be given a dividend of $0.0814 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $0.98 dividend on an annualized basis and a yield of 11.46%.
Institutional Trading of PIMCO Income Strategy Fund
PIMCO Income Strategy Fund Company Profile
PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years.
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