Short Interest in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Drops By 33.5%

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 28,315 shares, a decrease of 33.5% from the June 30th total of 42,550 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 72,990 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Hedge funds have recently modified their holdings of the company. Wayfinding Financial LLC bought a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the fourth quarter valued at approximately $4,126,000. NewEdge Advisors LLC lifted its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 24.7% in the third quarter. NewEdge Advisors LLC now owns 179,925 shares of the company’s stock worth $17,744,000 after purchasing an additional 35,651 shares during the period. Evensky & Katz LLC lifted its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 30.0% in the fourth quarter. Evensky & Katz LLC now owns 50,020 shares of the company’s stock worth $4,894,000 after purchasing an additional 11,545 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 7.0% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 140,919 shares of the company’s stock worth $13,848,000 after buying an additional 9,207 shares in the last quarter. Finally, Captrust Financial Advisors bought a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at $460,000.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Trading Up 0.2%

NYSEARCA CORP opened at $95.27 on Friday. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a twelve month low of $94.49 and a twelve month high of $99.63. The firm has a 50-day simple moving average of $96.27 and a 200 day simple moving average of $97.08.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.