PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Update

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 17,158 shares, a growth of 61.7% from the December 31st total of 10,608 shares. Based on an average trading volume of 39,924 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 39,924 shares, the days-to-cover ratio is currently 0.4 days.

PIMCO Low Duration Exchange-Traded Fund Stock Performance

Shares of LDUR remained flat at $96.19 during trading hours on Friday. The stock had a trading volume of 36,695 shares, compared to its average volume of 49,090. PIMCO Low Duration Exchange-Traded Fund has a 52 week low of $94.57 and a 52 week high of $96.93. The stock has a fifty day simple moving average of $96.07 and a two-hundred day simple moving average of $95.99.

Hedge Funds Weigh In On PIMCO Low Duration Exchange-Traded Fund

Several hedge funds have recently modified their holdings of the company. Crewe Advisors LLC bought a new position in shares of PIMCO Low Duration Exchange-Traded Fund during the 2nd quarter valued at about $100,000. JGP Wealth Management LLC acquired a new stake in PIMCO Low Duration Exchange-Traded Fund during the second quarter valued at approximately $611,000. RFG Advisory LLC grew its position in PIMCO Low Duration Exchange-Traded Fund by 9.4% in the second quarter. RFG Advisory LLC now owns 30,045 shares of the company’s stock worth $2,879,000 after buying an additional 2,578 shares during the last quarter. Axxcess Wealth Management LLC grew its position in PIMCO Low Duration Exchange-Traded Fund by 67.3% in the second quarter. Axxcess Wealth Management LLC now owns 9,915 shares of the company’s stock worth $950,000 after buying an additional 3,988 shares during the last quarter. Finally, MGO One Seven LLC increased its stake in PIMCO Low Duration Exchange-Traded Fund by 39.6% in the 2nd quarter. MGO One Seven LLC now owns 33,667 shares of the company’s stock worth $3,226,000 after purchasing an additional 9,558 shares in the last quarter.

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.