PIMCO High Income Fund (PHK) Short Interest Ratio & Short Volume

Short interest is the volume of PIMCO High Income Fund shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 77,400 shares of PHK short. Learn More on PIMCO High Income Fund's current short interest.

PIMCO High Income Fund saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 77,400 shares, a decline of 28.5% from the previous total of 108,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to PIMCO High Income Fund: Nuveen Select Tax-Free Income Portfolio (0.06%), BlackRock MuniYield Quality Fund III, Inc. (0.19%), Invesco Municipal Opportunity Trust (0.22%), Abrdn Healthcare Investors (0.05%), Adams Natural Resources Fund, Inc. (1.48%), BlackRock MuniHoldings New Jersey Quality Fund, Inc. (0.10%), The India Fund, Inc. (3.86%), SLR Investment Corp. (0.37%), BlackRock MuniYield Quality Fund, Inc. (0.35%), Invesco Trust for Investment Grade Municipals (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling PHK is an investing strategy that aims to generate trading profit from PIMCO High Income Fund as its price is falling. PHK shares are trading up $0.07 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for PIMCO High Income Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PHK, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PHK, twice per month. The most recent reporting period available is April, 15 2024.