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

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 52,831 shares, a decline of 17.5% from the December 31st total of 64,054 shares. Based on an average daily volume of 73,029 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 73,029 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Several large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 5.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 10,100 shares of the company’s stock worth $447,000 after buying an additional 519 shares during the last quarter. Private Trust Co. NA raised its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 161.0% in the second quarter. Private Trust Co. NA now owns 3,954 shares of the company’s stock worth $175,000 after acquiring an additional 2,439 shares during the period. CoreCap Advisors LLC raised its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 241.8% in the fourth quarter. CoreCap Advisors LLC now owns 2,984 shares of the company’s stock worth $135,000 after acquiring an additional 2,111 shares during the period. Betterment LLC purchased a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the third quarter valued at about $227,000. Finally, Sittner & Nelson LLC grew its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 57.0% during the 3rd quarter. Sittner & Nelson LLC now owns 36,723 shares of the company’s stock valued at $1,664,000 after acquiring an additional 13,330 shares during the period.

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

NYSEARCA:MINO traded down $0.01 on Wednesday, hitting $45.56. The stock had a trading volume of 83,517 shares, compared to its average volume of 81,122. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 1 year low of $42.30 and a 1 year high of $45.85. The firm’s fifty day simple moving average is $45.49 and its two-hundred day simple moving average is $45.09.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.0%.

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.