PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Down 66.3% in December

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,434 shares, a decline of 66.3% from the December 15th total of 4,257 shares. Based on an average daily volume of 50,145 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 50,145 shares, the short-interest ratio is presently 0.0 days.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Price Performance

Shares of NYSEARCA CORP traded down $0.16 during midday trading on Thursday, reaching $98.29. The company’s stock had a trading volume of 928,378 shares, compared to its average volume of 173,028. The firm has a 50 day moving average price of $98.25 and a 200-day moving average price of $98.00. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 12-month low of $92.45 and a 12-month high of $99.63.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 24.7% during the third quarter. NewEdge Advisors LLC now owns 179,925 shares of the company’s stock valued at $17,744,000 after buying an additional 35,651 shares during the last quarter. Flow Traders U.S. LLC raised its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.9% in the third quarter. Flow Traders U.S. LLC now owns 81,384 shares of the company’s stock worth $8,026,000 after buying an additional 11,174 shares in the last quarter. Jones Financial Companies Lllp raised its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.5% in the third quarter. Jones Financial Companies Lllp now owns 59,118 shares of the company’s stock worth $5,815,000 after buying an additional 7,932 shares in the last quarter. Evensky & Katz LLC lifted its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 73.1% in the third quarter. Evensky & Katz LLC now owns 38,475 shares of the company’s stock worth $3,794,000 after buying an additional 16,244 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 9.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 37,601 shares of the company’s stock valued at $3,659,000 after acquiring an additional 3,217 shares in the last quarter.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.