PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Down 27.2% in February

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 55,514 shares, a decline of 27.2% from the February 12th total of 76,264 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 57,864 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 57,864 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Large investors have recently modified their holdings of the stock. Bessemer Group Inc. bought a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the third quarter valued at $27,000. Eagle Bay Advisors LLC bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter worth about $29,000. WFA of San Diego LLC raised its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock worth $35,000 after acquiring an additional 400 shares during the last quarter. IFP Advisors Inc lifted its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the 3rd quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter valued at about $235,000. Institutional investors and hedge funds own 39.71% of the company’s stock.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.7%

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund stock traded down $0.38 on Friday, hitting $51.40. 77,490 shares of the company’s stock traded hands, compared to its average volume of 72,343. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a one year low of $49.04 and a one year high of $55.66. The company has a fifty day moving average of $52.43 and a two-hundred day moving average of $52.82.

About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.