PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Update

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 62,071 shares, a growth of 75.5% from the April 30th total of 35,364 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 90,662 shares, the days-to-cover ratio is presently 0.7 days.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Performance

Shares of NYSEARCA STPZ traded up $0.05 during trading on Tuesday, reaching $53.61. The company had a trading volume of 54,150 shares, compared to its average volume of 51,731. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a twelve month low of $53.25 and a twelve month high of $54.58. The stock has a 50-day moving average price of $54.13 and a two-hundred day moving average price of $53.97.

Hedge Funds Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

Several institutional investors have recently added to or reduced their stakes in STPZ. Captrust Financial Advisors raised its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% during the second quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock valued at $2,577,000 after buying an additional 28,493 shares in the last quarter. Arbor Investment Advisors LLC raised its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% during the 4th quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock worth $5,073,000 after purchasing an additional 5,795 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at approximately $254,000. Arkos Global Advisors acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at approximately $232,000. Finally, Jones Financial Companies Lllp increased its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock valued at $264,000 after acquiring an additional 1,505 shares during the period. 75.17% of the stock is currently owned by institutional investors and hedge funds.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.