PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Sees Significant Increase in Short Interest

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 70,496 shares, an increase of 272.0% from the July 30th total of 18,950 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 114,440 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

A number of hedge funds have recently made changes to their positions in MINO. Betterment LLC purchased a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the third quarter worth $227,000. Sittner & Nelson LLC lifted its stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 57.0% during the third quarter. Sittner & Nelson LLC now owns 36,723 shares of the company’s stock worth $1,664,000 after purchasing an additional 13,330 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 40.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,647 shares of the company’s stock worth $165,000 after purchasing an additional 1,049 shares during the last quarter. Sterling Investment Advisors Ltd. boosted its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 84.2% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 37,015 shares of the company’s stock worth $1,678,000 after purchasing an additional 16,915 shares in the last quarter. Finally, Cary Street Partners Financial LLC increased its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 1.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 165,297 shares of the company’s stock valued at $7,491,000 after purchasing an additional 2,894 shares during the last quarter.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Trading Down 0.0%

Shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund stock opened at $44.75 on Thursday. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 1 year low of $43.94 and a 1 year high of $46.19. The company has a 50 day simple moving average of $45.19 and a two-hundred day simple moving average of $45.37.

About PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

The PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily holds investment grade and high yield US municipal bonds across varying maturities. MINO was launched on Sep 8, 2021 and is managed by PIMCO.