PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) Short Interest Update

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZGet Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,400 shares, an increase of 40.0% from the September 30th total of 1,000 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

Hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,087.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,618 shares of the company’s stock valued at $299,000 after purchasing an additional 5,145 shares during the last quarter. Fairway Wealth LLC grew its holdings in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 13.4% during the 1st quarter. Fairway Wealth LLC now owns 7,612 shares of the company’s stock valued at $411,000 after purchasing an additional 902 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 534.4% during the 1st quarter. Jones Financial Companies Lllp now owns 14,280 shares of the company’s stock valued at $713,000 after purchasing an additional 12,029 shares during the last quarter.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Stock Performance

Shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund stock traded down $0.32 during trading hours on Monday, reaching $53.47. The company’s stock had a trading volume of 6,631 shares, compared to its average volume of 21,502. The firm has a 50 day moving average price of $53.81 and a 200-day moving average price of $53.23. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a one year low of $51.54 and a one year high of $54.16.

About PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

(Get Free Report)

PIMCO Broad U.S. TIPS Index ETF, formerly Pimco Broad U.S. Tips Index Fund, is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities (Component Securities) of The BofA Merrill Lynch US Inflation-Linked Treasury Index (the Index).

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