PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Up 55.6% in December

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 4,257 shares, a growth of 55.6% from the November 30th total of 2,735 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 64,735 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 64,735 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

CORP traded down $0.05 on Tuesday, reaching $98.55. 25,606 shares of the company traded hands, compared to its average volume of 65,842. The stock’s 50 day moving average price is $98.46 and its 200-day moving average price is $97.87. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 52-week low of $92.45 and a 52-week high of $99.63.

Institutional Investors Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Several institutional investors have recently made changes to their positions in CORP. NewEdge Advisors LLC increased its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 99.3% in the 1st quarter. NewEdge Advisors LLC now owns 128,314 shares of the company’s stock worth $12,417,000 after buying an additional 63,931 shares during the period. Flow Traders U.S. LLC increased its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 852.1% during the second quarter. Flow Traders U.S. LLC now owns 70,210 shares of the company’s stock worth $6,832,000 after acquiring an additional 62,836 shares during the period. Evensky & Katz LLC boosted its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 73.1% in the 3rd quarter. Evensky & Katz LLC now owns 38,475 shares of the company’s stock valued at $3,794,000 after purchasing an additional 16,244 shares during the period. Strategic Blueprint LLC grew its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 98.9% in the 2nd quarter. Strategic Blueprint LLC now owns 19,238 shares of the company’s stock worth $1,872,000 after purchasing an additional 9,564 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 59,118 shares of the company’s stock worth $5,815,000 after purchasing an additional 7,932 shares during the last quarter.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

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.