PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Stock Short Interest Jumps 425.7%

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 40,271 shares, an increase of 425.7% from the September 30th total of 7,660 shares. Based on an average daily trading volume, of 17,803 shares, the short-interest ratio is currently 2.3 days. Currently, 1.6% of the shares of the company are short sold.

PIMCO Enhanced Short Maturity Active ESG ETF Price Performance

Shares of PIMCO Enhanced Short Maturity Active ESG ETF stock remained flat at $98.75 on Wednesday. 10,088 shares of the stock traded hands, compared to its average volume of 12,118. PIMCO Enhanced Short Maturity Active ESG ETF has a 1-year low of $98.29 and a 1-year high of $99.40. The firm has a 50-day moving average of $98.71 and a 200-day moving average of $98.79.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Active ESG ETF

An institutional investor recently raised its position in PIMCO Enhanced Short Maturity Active ESG ETF stock. NewEdge Advisors LLC boosted its stake in shares of PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT – Free Report) by 476.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,480 shares of the company’s stock after purchasing an additional 2,050 shares during the period. NewEdge Advisors LLC owned about 0.12% of PIMCO Enhanced Short Maturity Active ESG ETF worth $245,000 at the end of the most recent quarter.

PIMCO Enhanced Short Maturity Active ESG ETF Company Profile

(Get Free Report)

The PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks greater income and total return potential than money market funds by investing in short-term debt securities with an ESG screen. EMNT was launched on Dec 10, 2019 and is managed by PIMCO.

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