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) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 29,422 shares, a decrease of 51.7% from the May 14th total of 60,874 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 120,824 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Several institutional investors have recently made changes to their positions in MINO. Cary Street Partners Financial LLC grew its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 1.8% during the third quarter. Cary Street Partners Financial LLC now owns 162,403 shares of the company’s stock valued at $7,358,000 after purchasing an additional 2,823 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 11.6% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,598 shares of the company’s stock valued at $118,000 after purchasing an additional 271 shares during the last quarter. Seven Mile Advisory bought a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the third quarter valued at approximately $3,635,000. Betterment LLC bought a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the third quarter valued at approximately $227,000. Finally, Sittner & Nelson LLC grew its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 57.0% during the third quarter. Sittner & Nelson LLC now owns 36,723 shares of the company’s stock valued at $1,664,000 after purchasing an additional 13,330 shares during the last quarter.

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

Shares of NYSEARCA:MINO traded down $0.02 during trading on Friday, hitting $45.46. 274,834 shares of the company traded hands, compared to its average volume of 102,115. The business’s fifty day moving average is $45.37 and its 200-day moving average is $45.48. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a one year low of $43.56 and a one year high of $46.19.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Company Profile

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.