PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Sees Significant Decrease in Short Interest

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 13,236 shares, a decline of 21.2% from the December 31st total of 16,794 shares. Based on an average daily volume of 6,632 shares, the short-interest ratio is presently 2.0 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 6,632 shares, the short-interest ratio is presently 2.0 days.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Active ESG ETF

Several hedge funds have recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in shares of PIMCO Enhanced Short Maturity Active ESG ETF during the fourth quarter worth about $30,000. Farther Finance Advisors LLC lifted its position in PIMCO Enhanced Short Maturity Active ESG ETF by 3,245.2% during the 4th quarter. Farther Finance Advisors LLC now owns 1,037 shares of the company’s stock worth $102,000 after acquiring an additional 1,006 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in shares of PIMCO Enhanced Short Maturity Active ESG ETF by 69.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,292 shares of the company’s stock valued at $621,000 after purchasing an additional 2,583 shares during the last quarter.

PIMCO Enhanced Short Maturity Active ESG ETF Stock Performance

Shares of NYSEARCA:EMNT traded up $0.02 during midday trading on Friday, hitting $98.91. The company’s stock had a trading volume of 3,485 shares, compared to its average volume of 7,294. PIMCO Enhanced Short Maturity Active ESG ETF has a 12-month low of $98.03 and a 12-month high of $98.93. The business’s 50 day simple moving average is $98.73 and its 200 day simple moving average is $98.70.

PIMCO Enhanced Short Maturity Active ESG ETF Company Profile

The PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks greater income and total return potential than money market funds by investing in short-term debt securities with an ESG screen. EMNT was launched on Dec 10, 2019 and is managed by PIMCO.