Short Interest in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Declines By 70.0%

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,500 shares, a decline of 70.0% from the August 31st total of 5,000 shares. Based on an average daily volume of 72,700 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 72,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CORP. NewEdge Advisors LLC raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 99.3% during the 1st quarter. NewEdge Advisors LLC now owns 128,314 shares of the company’s stock valued at $12,417,000 after acquiring an additional 63,931 shares during the last quarter. Flow Traders U.S. LLC raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 852.1% during the 2nd quarter. Flow Traders U.S. LLC now owns 70,210 shares of the company’s stock valued at $6,832,000 after acquiring an additional 62,836 shares during the last quarter. Summit Financial LLC bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter valued at $2,758,000. Evensky & Katz LLC raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 242.1% during the 2nd quarter. Evensky & Katz LLC now owns 22,231 shares of the company’s stock valued at $2,163,000 after acquiring an additional 15,732 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 164.0% during the 1st quarter. Farther Finance Advisors LLC now owns 22,931 shares of the company’s stock valued at $2,215,000 after acquiring an additional 14,244 shares during the last quarter.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

CORP stock opened at $98.54 on Friday. The company has a 50 day moving average price of $97.93 and a 200 day moving average price of $96.59. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a fifty-two week low of $92.45 and a fifty-two week high of $99.32.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.