Short Interest in Pcm Fund (NYSE:PCM) Declines By 27.0%

Pcm Fund (NYSE:PCM - Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 29,200 shares, a decline of 27.0% from the September 30th total of 40,000 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily volume of 60,600 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 60,600 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company's shares are sold short. Institutional Inflows and OutflowsA number of hedge funds and other institutional investors have recently modified their holdings of PCM. Landscape Capital Management L.L.C. acquired a new position in shares of Pcm Fund in the 1st quarter worth approximately $1,565,000. Arlington Capital Management Inc. acquired a new position in shares of Pcm Fund in the 1st quarter worth approximately $651,000. Ieq Capital LLC acquired a new position in shares of Pcm Fund in the 1st quarter worth approximately $591,000. Finally, Sovran Advisors LLC lifted its position in shares of Pcm Fund by 3.9% in the 3rd quarter. Sovran Advisors LLC now owns 88,609 shares of the investment management company's stock worth $553,000 after purchasing an additional 3,354 shares during the period. Institutional investors and hedge funds own 10.26% of the company's stock.Pcm Fund Stock Up 0.3%Shares of NYSE PCM traded up $0.02 during midday trading on Monday, reaching $6.29. The stock had a trading volume of 53,867 shares, compared to its average volume of 60,587. Pcm Fund has a twelve month low of $5.88 and a twelve month high of $8.39. The company's 50 day moving average price is $6.51 and its 200 day moving average price is $6.36. Pcm Fund Announces DividendThe company also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Tuesday, October 14th will be given a $0.0642 dividend. The ex-dividend date is Tuesday, October 14th. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. Pcm Fund Company Profile (Get Free Report)PCM Fund Inc 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 seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.Featured ArticlesFive stocks we like better than Pcm FundInsider Trading - What You Need to KnowSemiconductor Supercycle: Why Onsemi Stock Could Double as AI and EV Growth AccelerateLow PE Growth Stocks: Unlocking Investment OpportunitiesThe Best Local Butchers for Thanksgiving [2025 Survey]What is the FTSE 100 index? $134M in Insider Moves: What It Might Mean for KMI, ISRG and QSThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Pcm Fund Right Now?Before you consider Pcm Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pcm Fund wasn't on the list.While Pcm Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here