PIMCO Corporate & Income Strategy Fund (NYSE:PCN – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 215,300 shares, a growth of 61.4% from the September 15th total of 133,400 shares. Based on an average daily trading volume, of 213,700 shares, the days-to-cover ratio is presently 1.0 days.
PIMCO Corporate & Income Strategy Fund Trading Down 0.3 %
NYSE:PCN traded down $0.04 during trading hours on Friday, reaching $14.02. The company had a trading volume of 124,764 shares, compared to its average volume of 224,564. PIMCO Corporate & Income Strategy Fund has a 1-year low of $10.70 and a 1-year high of $14.36. The business’s 50 day moving average price is $13.68 and its 200-day moving average price is $13.39.
PIMCO Corporate & Income Strategy Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 11th will be paid a $0.1125 dividend. This represents a $1.35 dividend on an annualized basis and a dividend yield of 9.63%. The ex-dividend date of this dividend is Friday, October 11th.
Institutional Trading of PIMCO Corporate & Income Strategy Fund
About PIMCO Corporate & Income Strategy Fund
PIMCO Corporate & 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 the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors.
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