PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Significant Decline in Short Interest

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 104,328 shares, a decline of 66.4% from the June 30th total of 310,172 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,931,465 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several institutional investors have recently added to or reduced their stakes in MINT. CoreCap Advisors LLC boosted its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.3% during the second quarter. CoreCap Advisors LLC now owns 4,845 shares of the company’s stock valued at $488,000 after buying an additional 154 shares during the period. Cedar Mountain Advisors LLC raised its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1.2% in the second quarter. Cedar Mountain Advisors LLC now owns 22,020 shares of the company’s stock worth $2,220,000 after buying an additional 255 shares during the period. Redwood Investment Management LLC lifted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6.6% during the 1st quarter. Redwood Investment Management LLC now owns 8,019 shares of the company’s stock worth $806,000 after acquiring an additional 500 shares during the last quarter. Robinswood Financial LLC purchased a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 1st quarter valued at $491,000. Finally, Strategic Investment Advisors MI grew its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 15.9% in the 1st quarter. Strategic Investment Advisors MI now owns 53,916 shares of the company’s stock valued at $5,421,000 after acquiring an additional 7,385 shares during the last quarter.

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

Shares of MINT traded up $0.03 during midday trading on Tuesday, hitting $100.73. The stock had a trading volume of 1,686,909 shares, compared to its average volume of 1,565,786. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1 year low of $100.27 and a 1 year high of $100.82. The stock’s 50 day moving average is $100.62 and its 200 day moving average is $100.56.

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.