PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Up 779.2% in January

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 601,496 shares, an increase of 779.2% from the January 15th total of 68,412 shares. Based on an average daily trading volume, of 1,395,226 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,395,226 shares, the short-interest ratio is currently 0.4 days.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Trading Up 0.0%

Shares of MINT stock traded up $0.02 on Tuesday, reaching $100.50. The company’s stock had a trading volume of 1,141,038 shares, compared to its average volume of 1,386,082. The stock’s fifty day simple moving average is $100.50 and its 200-day simple moving average is $100.50. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1 year low of $100.04 and a 1 year high of $100.75.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.1%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC raised its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 70.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,137 shares of the company’s stock valued at $517,000 after purchasing an additional 2,126 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter valued at approximately $55,000. LRI Investments LLC increased its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 8.7% during the second quarter. LRI Investments LLC now owns 1,623 shares of the company’s stock valued at $163,000 after buying an additional 130 shares during the period. Private Trust Co. NA raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 9.7% in the second quarter. Private Trust Co. NA now owns 10,873 shares of the company’s stock worth $1,093,000 after buying an additional 959 shares in the last quarter. Finally, Moloney Securities Asset Management LLC raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 21.9% in the second quarter. Moloney Securities Asset Management LLC now owns 4,874 shares of the company’s stock worth $490,000 after buying an additional 877 shares in the last quarter.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

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.