PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Update

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 138,193 shares, a decline of 66.7% from the May 14th total of 414,983 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,812,334 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds have recently added to or reduced their stakes in MINT. Root Financial Partners LLC raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% in the first quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock worth $26,000 after acquiring an additional 109 shares during the period. Aventura Private Wealth LLC acquired a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter worth about $45,000. Parallel Advisors LLC raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% during the 4th quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock worth $56,000 after purchasing an additional 166 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter valued at about $66,000. Finally, Washington Trust Advisors Inc. grew its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% during the 3rd quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock valued at $99,000 after acquiring an additional 100 shares in the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

Shares of MINT opened at $100.55 on Thursday. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1-year low of $100.15 and a 1-year high of $100.74. The company’s fifty day moving average price is $100.53 and its 200-day moving average price is $100.52.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.