PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Up 863.7% in April

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 766,293 shares, a growth of 863.7% from the April 15th total of 79,512 shares. Based on an average trading volume of 1,501,761 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Koenig Investment Advisory LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth $9,269,000. Cedar Mountain Advisors LLC raised its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 2.7% in the 4th quarter. Cedar Mountain Advisors LLC now owns 21,476 shares of the company’s stock worth $2,155,000 after buying an additional 560 shares in the last quarter. FCA Corp TX raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.0% during the fourth quarter. FCA Corp TX now owns 14,284 shares of the company’s stock worth $1,433,000 after purchasing an additional 420 shares during the period. JPMorgan Chase & Co. raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 4.4% during the fourth quarter. JPMorgan Chase & Co. now owns 32,615,613 shares of the company’s stock worth $3,272,651,000 after purchasing an additional 1,368,763 shares during the period. Finally, Fisher Asset Management LLC raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 23.4% during the fourth quarter. Fisher Asset Management LLC now owns 2,546 shares of the company’s stock worth $255,000 after purchasing an additional 482 shares during the period.

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

Shares of MINT traded up $0.03 during midday trading on Tuesday, reaching $100.53. The stock had a trading volume of 421,696 shares, compared to its average volume of 1,559,277. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 52 week low of $100.15 and a 52 week high of $100.72. The firm’s 50 day moving average price is $100.50 and its 200-day moving average price is $100.51.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.