PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Significant Decline in Short Interest

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 137,856 shares, a decline of 68.5% from the July 30th total of 437,695 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,511,387 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

A number of large investors have recently bought and sold shares of the stock. Root Financial Partners LLC lifted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% during the first quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock valued at $26,000 after acquiring an additional 109 shares during the period. XP Advisory US Inc. acquired a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 2nd quarter valued at $31,000. Highland Investment Advisors LLC acquired a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 2nd quarter valued at $52,000. Parallel Advisors LLC grew its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% in the 4th quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock worth $56,000 after purchasing an additional 166 shares during the last quarter. Finally, Fairway Wealth LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter worth about $168,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Trading Up 0.0%

Shares of MINT stock traded up $0.01 during trading hours on Friday, hitting $100.78. The company had a trading volume of 2,026,683 shares, compared to its average volume of 1,552,031. 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’s fifty day moving average is $100.65 and its 200 day moving average is $100.58.

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.