PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Sees Large Increase in Short Interest

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,700 shares, an increase of 51.6% from the August 15th total of 3,100 shares. Based on an average daily volume of 38,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 38,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Wealthcare Advisory Partners LLC lifted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 1.4% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 7,750 shares of the company’s stock valued at $744,000 after purchasing an additional 109 shares in the last quarter. Diversified Trust Co lifted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 3.8% in the 2nd quarter. Diversified Trust Co now owns 3,266 shares of the company’s stock valued at $313,000 after purchasing an additional 121 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 2.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 6,223 shares of the company’s stock valued at $597,000 after purchasing an additional 122 shares in the last quarter. Capital Asset Advisory Services LLC lifted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 4.1% in the 1st quarter. Capital Asset Advisory Services LLC now owns 3,507 shares of the company’s stock valued at $335,000 after purchasing an additional 137 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 2.5% in the 1st quarter. Stephens Inc. AR now owns 6,277 shares of the company’s stock valued at $602,000 after purchasing an additional 152 shares in the last quarter.

PIMCO Low Duration Exchange-Traded Fund Stock Up 0.1%

Shares of NYSEARCA LDUR opened at $96.14 on Tuesday. The stock has a fifty day moving average price of $95.74 and a 200 day moving average price of $95.59. PIMCO Low Duration Exchange-Traded Fund has a 1-year low of $94.57 and a 1-year high of $96.93.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.