Does Pimco High Income Fund (NYSE:PHK) Have Gas After Even Less Sellers Involved?

January 13, 2018 - By Adrian Mccoy

 Does Pimco High Income Fund (NYSE:PHK) Have Gas After Even Less Sellers Involved?

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.89, from 1.82 in 2017Q2. It dived, as 7 investors sold PIMCO High Income Fund shares while 20 reduced holdings. 11 funds opened positions while 14 raised stakes. 4.84 million shares or 25.05% more from 3.87 million shares in 2017Q2 were reported.
Northwestern Mutual Wealth has 3,283 shares for 0% of their portfolio. Stratos Wealth Prtn Ltd stated it has 0.03% in PIMCO High Income Fund (NYSE:PHK). Cohen & Steers has invested 0.01% in PIMCO High Income Fund (NYSE:PHK). United Advisers accumulated 18,409 shares. 33,495 are held by Lpl Financial Ltd Liability. Synovus Fin Corporation owns 0.02% invested in PIMCO High Income Fund (NYSE:PHK) for 121,372 shares. Ifc Hldg Fl invested in 29,496 shares. Mechanics Bancorp Tru Department holds 10,800 shares or 0.02% of its portfolio. Pnc Fin Services reported 0% of its portfolio in PIMCO High Income Fund (NYSE:PHK). 101,979 were reported by Citadel Advisors Ltd. New York-based Virtu Ltd Liability Corporation has invested 0% in PIMCO High Income Fund (NYSE:PHK). Cambridge Rech Advsr Incorporated reported 0.01% in PIMCO High Income Fund (NYSE:PHK). Private Advisor Gp Ltd reported 135,268 shares. The New York-based Focused Wealth Mngmt has invested 0.02% in PIMCO High Income Fund (NYSE:PHK). Bb&T Secs Limited Liability holds 0% or 11,793 shares.

The stock of Pimco High Income Fund (NYSE:PHK) registered a decrease of 1.67% in short interest. PHK’s total short interest was 1.89 million shares in January as published by FINRA. Its down 1.67% from 1.92 million shares, reported previously. With 570,300 shares average volume, it will take short sellers 3 days to cover their PHK’s short positions.

The stock decreased 0.13% or $0.01 during the last trading session, reaching $7.76. About 646,899 shares traded. PIMCO High Income Fund (NYSE:PHK) has declined 4.25% since January 13, 2017 and is downtrending. It has underperformed by 20.95% the S&P500.

More important recent PIMCO High Income Fund (NYSE:PHK) news were published by: Forbes.com which released: “This Popular Fund Will Collapse In 2018: Sell Now!” on January 13, 2018, also Seekingalpha.com published article titled: “AWF: Is This High Income Fund The Right Move For 2018?”, Streetinsider.com published: “Form 3 PIMCO HIGH INCOME FUND For: Jan 01 Filed by: FELS JOACHIM WALTER” on January 04, 2018. More interesting news about PIMCO High Income Fund (NYSE:PHK) was released by: Seekingalpha.com and their article: “PHK: You Were Warned” with publication date: November 01, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.