Pimco Income Strategy Fund II shares had a trading volume of 609K by the end of trading on Tuesday. Trading volume was up 135.18% over the stocks average daily volume.
Traders are more bearish on shares of the company of late if you evaluate the change in short interest. The stock recorded a rise in short interest of 90.62% as of October 13, 2017 from the last reporting period. Short shares increased 50,222 over that period. Days to cover increased 1.0 to 1.0 and the percentage of shorted shares is 0.00% as of October 13.
These funds have shifted positions in (PFN). As of quarter end Mark Sheptoff Financial Planning, LLC had acquired a total of 24 shares growing its holdings by 2.3%. The value of the total investment in Pimco Income Strategy Fund II decreased from $11,000 to $11,000 decreasing 0.0% quarter over quarter. Citigroup Inc downsized its investment by shedding 16,400 shares a decrease of 76.6%. Citigroup Inc owns 5,000 shares worth $54,000. The value of the position overall is down by 75.8%.
Stifel Financial Corp trimmed its ownership by selling 340 shares a decrease of 2.7% in the quarter. Stifel Financial Corp now holds 12,181 shares valued at $132,000. The total value of its holdings increased 2.3%. As of the end of the quarter Pinnacle Associates Ltd had bought 21 shares growing its stake by 0.0%. The value of the investment in (PFN) went from $2,239,000 to $2,295,000 a change of $56,000 since the last quarter.
The company is trading down by 1.08% since yesterday’s close of 10.22. The most current P/E ratio is N/A and the market value is 597.53M.
PIMCO Floating Rate Strategy Fund (Floating Rate Strategy) is a business trust. Its investment objective is to seek high-current income, consistent with the preservation of capital by investing primarily in floating rate debt instruments, a substantial portion of which will be senior floating rate loans. Prior to commencing operations on October 29, 2004, Floating Rate Strategy had no operations other than matters relating to their organization and registration as diversified, closed-end management investment companies registered under the Investment Company Act of 1940 and the rules and regulations there under, as amended..