PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Sees Large Growth in Short Interest

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 18,440 shares, a growth of 29.6% from the January 29th total of 14,229 shares. Based on an average daily trading volume, of 90,413 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 90,413 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV boosted its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 11.6% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,598 shares of the company’s stock worth $118,000 after purchasing an additional 271 shares during the period. CoreCap Advisors LLC grew its holdings in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 241.8% in the fourth quarter. CoreCap Advisors LLC now owns 2,984 shares of the company’s stock worth $135,000 after purchasing an additional 2,111 shares during the period. Private Trust Co. NA increased its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 17.3% during the 4th quarter. Private Trust Co. NA now owns 4,639 shares of the company’s stock valued at $210,000 after buying an additional 685 shares in the last quarter. Betterment LLC purchased a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter worth about $227,000. Finally, ORG Partners LLC bought a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the third quarter worth approximately $990,000.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Stock Performance

MINO traded down $0.27 during trading on Monday, reaching $45.89. 132,417 shares of the company were exchanged, compared to its average volume of 86,203. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 12-month low of $42.30 and a 12-month high of $46.19. The company’s 50-day moving average is $45.66 and its two-hundred day moving average is $45.37.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.15 per share. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

About PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

The PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily holds investment grade and high yield US municipal bonds across varying maturities. MINO was launched on Sep 8, 2021 and is managed by PIMCO.