Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Rises By 319.5%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 437,695 shares, a growth of 319.5% from the July 15th total of 104,328 shares. Based on an average daily trading volume, of 1,352,286 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC boosted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 70.6% in the first quarter. Integrated Wealth Concepts LLC now owns 5,137 shares of the company’s stock worth $517,000 after acquiring an additional 2,126 shares in the last quarter. Baird Financial Group Inc. increased its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 37.2% during the second quarter. Baird Financial Group Inc. now owns 25,424 shares of the company’s stock valued at $2,556,000 after acquiring an additional 6,888 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 131.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 165,922 shares of the company’s stock valued at $16,681,000 after purchasing an additional 94,279 shares during the last quarter. IHT Wealth Management LLC raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 7.2% in the 2nd quarter. IHT Wealth Management LLC now owns 10,896 shares of the company’s stock valued at $1,095,000 after purchasing an additional 734 shares during the last quarter. Finally, Security National Bank of SO Dak acquired a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 2nd quarter worth approximately $286,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

MINT stock traded up $0.05 during mid-day trading on Friday, reaching $100.67. The company had a trading volume of 1,242,766 shares, compared to its average volume of 1,567,016. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 12 month low of $100.28 and a 12 month high of $100.82. The firm has a 50 day moving average of $100.62 and a 200 day moving average of $100.57.

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.