PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Up 96.2% in June

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 271,203 shares, an increase of 96.2% from the May 31st total of 138,193 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 1,471,107 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MINT. JPMorgan Chase & Co. increased its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 4.4% in 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. Ibex Wealth Advisors bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter worth approximately $25,654,000. Moment Partners LLC acquired a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 1st quarter valued at $21,907,000. NewEdge Advisors LLC increased its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 69.2% during the 3rd quarter. NewEdge Advisors LLC now owns 336,359 shares of the company’s stock worth $33,868,000 after purchasing an additional 137,554 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 131.6% during the second quarter. BNP Paribas Financial Markets now owns 165,922 shares of the company’s stock valued at $16,681,000 after buying an additional 94,279 shares during the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

NYSEARCA:MINT opened at $100.54 on Friday. The stock’s 50 day moving average price is $100.61 and its 200 day moving average price is $100.55. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 52 week low of $100.21 and a 52 week high of $100.82.

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.