PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Short Interest Update

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 26,888 shares, an increase of 82.3% from the April 15th total of 14,746 shares. Based on an average daily volume of 11,364 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.3% of the company’s stock are short sold.

Institutional Trading of PIMCO Enhanced Short Maturity Active ESG ETF

A number of hedge funds have recently made changes to their positions in the stock. Koenig Investment Advisory LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Active ESG ETF in the 4th quarter worth approximately $557,000. Farther Finance Advisors LLC raised its holdings in PIMCO Enhanced Short Maturity Active ESG ETF by 3,245.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,037 shares of the company’s stock worth $102,000 after acquiring an additional 1,006 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in PIMCO Enhanced Short Maturity Active ESG ETF in the 4th quarter worth approximately $30,000.

PIMCO Enhanced Short Maturity Active ESG ETF Price Performance

Shares of EMNT opened at $98.82 on Tuesday. The business’s 50 day moving average price is $98.81 and its 200-day moving average price is $98.76. PIMCO Enhanced Short Maturity Active ESG ETF has a 52 week low of $98.35 and a 52 week high of $99.40.

PIMCO Enhanced Short Maturity Active ESG ETF Company Profile

The PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks greater income and total return potential than money market funds by investing in short-term debt securities with an ESG screen. EMNT was launched on Dec 10, 2019 and is managed by PIMCO.