PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,832,799 shares, a growth of 369.5% from the September 15th total of 390,333 shares. Based on an average trading volume of 3,101,799 shares, the short-interest ratio is presently 0.6 days. Currently, 1.0% of the company’s stock are sold short.
PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance
NYSEARCA:MINT traded up $0.04 during trading hours on Friday, hitting $100.42. 1,293,332 shares of the stock were exchanged, compared to its average volume of 1,650,835. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 52-week low of $100.23 and a 52-week high of $100.82. The firm’s fifty day moving average price is $100.58 and its 200 day moving average price is $100.58.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Capital Planning LLC acquired a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 3rd quarter valued at about $1,199,000. Koenig Investment Advisory LLC boosted its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 17.7% during the 3rd quarter. Koenig Investment Advisory LLC now owns 112,206 shares of the company’s stock worth $11,282,000 after acquiring an additional 16,878 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 257.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 228,583 shares of the company’s stock worth $22,984,000 after acquiring an additional 164,632 shares during the period. CoreCap Advisors LLC boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 7.6% during the 3rd quarter. CoreCap Advisors LLC now owns 5,215 shares of the company’s stock valued at $524,000 after purchasing an additional 370 shares in the last quarter. Finally, American National Bank & Trust acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 3rd quarter valued at about $46,000.
About PIMCO Enhanced Short Maturity Exchange-Traded Fund
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.
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