Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Drops By 49.7%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 302,841 shares, a decline of 49.7% from the January 29th total of 601,496 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,381,130 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 1,381,130 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

A number of institutional investors and hedge funds have recently made changes to their positions in MINT. Integrated Wealth Concepts LLC increased its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 70.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,137 shares of the company’s stock valued at $517,000 after acquiring an additional 2,126 shares during the last quarter. Simmons Bank lifted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 47.3% in the 2nd quarter. Simmons Bank now owns 19,459 shares of the company’s stock worth $1,956,000 after purchasing an additional 6,248 shares during the last quarter. Ethos Financial Group LLC bought a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter worth approximately $320,000. Golden State Wealth Management LLC grew its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1,709.3% during the second quarter. Golden State Wealth Management LLC now owns 17,677 shares of the company’s stock valued at $1,777,000 after purchasing an additional 16,700 shares during the last quarter. Finally, Rollins Financial Advisors LLC grew its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 15.8% during the second quarter. Rollins Financial Advisors LLC now owns 21,996 shares of the company’s stock valued at $2,211,000 after purchasing an additional 2,993 shares during the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

PIMCO Enhanced Short Maturity Exchange-Traded Fund stock opened at $100.67 on Friday. The firm’s fifty day simple moving average is $100.54 and its 200-day simple moving average is $100.51. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1-year low of $100.04 and a 1-year high of $100.75.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.34 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.