Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Drops By 68.5%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 137,856 shares, a decline of 68.5% from the July 30th total of 437,695 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,511,387 shares, the short-interest ratio is presently 0.1 days.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

Shares of NYSEARCA MINT opened at $100.76 on Thursday. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 12-month low of $100.28 and a 12-month high of $100.82. The firm has a 50 day moving average of $100.65 and a 200 day moving average of $100.58.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cary Street Partners Financial LLC bought a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter worth $1,298,000. Fisher Asset Management LLC lifted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 23.4% in the 4th quarter. Fisher Asset Management LLC now owns 2,546 shares of the company’s stock valued at $255,000 after purchasing an additional 482 shares during the last quarter. Intellus Advisors LLC increased its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1.8% during the 4th quarter. Intellus Advisors LLC now owns 7,646 shares of the company’s stock valued at $767,000 after purchasing an additional 132 shares during the last quarter. Fi3 FINANCIAL ADVISORS LLC boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 34.0% during the fourth quarter. Fi3 FINANCIAL ADVISORS LLC now owns 3,968 shares of the company’s stock worth $400,000 after buying an additional 1,007 shares during the period. Finally, VSM Wealth Advisory LLC raised its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 17.0% in the fourth quarter. VSM Wealth Advisory LLC now owns 44,622 shares of the company’s stock valued at $4,477,000 after acquiring an additional 6,491 shares during the period.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

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.