Shares of PIMCO Access Income Fund (NYSE: PAXS) experienced a modest rise of 0.1% on Monday, reaching an intraday high of $16.09 before settling at $16.0350. Trading volume for the day was approximately 217,777 shares, which is 32% lower than the fund’s average daily volume of 319,827 shares. The previous closing price stood at $16.02.
**Why this matters**
The slight uptick in PAXS shares, combined with reduced trading activity, may indicate a period of relative stability or cautious investor sentiment. Monitoring volume alongside price movements can provide insights into market interest and potential future trends for the fund.
Source: NewsData