PIMCO Global StocksPLUS & Income Fund (NYSE:PGP – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 12,800 shares, a decrease of 60.4% from the July 31st total of 32,300 shares. Based on an average daily trading volume, of 49,400 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Investors Weigh In On PIMCO Global StocksPLUS & Income Fund
Several large investors have recently added to or reduced their stakes in PGP. International Assets Investment Management LLC boosted its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 650.0% during the 4th quarter. International Assets Investment Management LLC now owns 5,625 shares of the company’s stock worth $42,000 after buying an additional 4,875 shares in the last quarter. Avantax Advisory Services Inc. bought a new position in PIMCO Global StocksPLUS & Income Fund during the fourth quarter worth $75,000. Epic Trust Investment Advisors LLC bought a new position in PIMCO Global StocksPLUS & Income Fund during the fourth quarter worth $102,000. MAS Advisors LLC acquired a new stake in PIMCO Global StocksPLUS & Income Fund in the first quarter worth $229,000. Finally, Truist Financial Corp bought a new stake in PIMCO Global StocksPLUS & Income Fund in the second quarter valued at $252,000.
PIMCO Global StocksPLUS & Income Fund Stock Performance
PGP stock opened at $7.99 on Friday. The company’s fifty day simple moving average is $7.67 and its 200 day simple moving average is $7.57. PIMCO Global StocksPLUS & Income Fund has a 12-month low of $5.83 and a 12-month high of $8.10.
PIMCO Global StocksPLUS & Income Fund Announces Dividend
PIMCO Global StocksPLUS & Income Fund Company Profile
PIMCO Global Stocksplus & Income Fund is a closed ended balanced 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 and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options.
Read More
- Five stocks we like better than PIMCO Global StocksPLUS & Income Fund
- Consumer Discretionary Stocks Explained
- Does A&F’s Q2 Earnings Win Point to a Strong Holiday Season?
- Why is the Ex-Dividend Date Significant to Investors?
- Best Buy Stock Flashes Bullish Signal, Challenges Remain
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Receive News & Ratings for PIMCO Global StocksPLUS & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Global StocksPLUS & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.