PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) Short Interest Update

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:TIPZ) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,400 shares, an increase of 40.0% from the September 30th total of 1,000 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Stock Down 0.6%

Shares of TIPZ stock traded down $0.32 during mid-day trading on Monday, reaching $53.47. The stock had a trading volume of 6,631 shares, compared to its average volume of 21,502. PIMCO Broad U.S. TIPS Index Exchange-Traded Fund has a 1-year low of $51.54 and a 1-year high of $54.16. The business’s fifty day moving average is $53.81 and its 200-day moving average is $53.23.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Fairway Wealth LLC raised its holdings in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 13.4% during the first quarter. Fairway Wealth LLC now owns 7,612 shares of the company’s stock worth $411,000 after purchasing an additional 902 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 1,087.7% during the second quarter. JPMorgan Chase & Co. now owns 5,618 shares of the company’s stock worth $299,000 after purchasing an additional 5,145 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of PIMCO Broad U.S. TIPS Index Exchange-Traded Fund by 534.4% during the first quarter. Jones Financial Companies Lllp now owns 14,280 shares of the company’s stock worth $713,000 after purchasing an additional 12,029 shares during the last quarter.

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO Broad U.S. TIPS Index ETF, formerly Pimco Broad U.S. Tips Index Fund, is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities (Component Securities) of The BofA Merrill Lynch US Inflation-Linked Treasury Index (the Index).