PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,832,799 shares, a growth of 369.5% from the September 15th total of 390,333 shares. Based on an average daily trading volume, of 3,101,799 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.0% of the shares of the stock are short sold.
Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund
A number of institutional investors and hedge funds have recently modified their holdings of the company. Ibex Wealth Advisors acquired a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the first quarter worth $25,654,000. Farther Finance Advisors LLC boosted its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 257.4% during the third quarter. Farther Finance Advisors LLC now owns 228,583 shares of the company’s stock worth $22,984,000 after purchasing an additional 164,632 shares in the last quarter. Moment Partners LLC acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the first quarter valued at $21,907,000. Arkadios Wealth Advisors grew its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.4% in the first quarter. Arkadios Wealth Advisors now owns 204,154 shares of the company’s stock valued at $20,532,000 after purchasing an additional 6,708 shares during the last quarter. Finally, Cahill Financial Advisors Inc. grew its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 4.0% in the second quarter. Cahill Financial Advisors Inc. now owns 113,585 shares of the company’s stock valued at $11,450,000 after purchasing an additional 4,389 shares during the last quarter.
PIMCO Enhanced Short Maturity Exchange-Traded Fund Trading Down 0.0%
PIMCO Enhanced Short Maturity Exchange-Traded Fund stock traded down $0.01 during mid-day trading on Monday, reaching $100.41. The company had a trading volume of 3,684,791 shares, compared to its average volume of 1,661,265. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1 year low of $100.23 and a 1 year high of $100.82. The stock’s 50-day simple moving average is $100.58 and its 200-day simple moving average is $100.58.
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.
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