PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Large Increase in Short Interest

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 76,264 shares, a growth of 29.7% from the January 29th total of 58,822 shares. Based on an average daily volume of 79,552 shares, the short-interest ratio is currently 1.0 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 79,552 shares, the short-interest ratio is currently 1.0 days.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Price Performance

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund stock traded down $0.28 during trading hours on Wednesday, hitting $52.85. 77,073 shares of the stock were exchanged, compared to its average volume of 72,785. The business’s 50-day moving average is $52.40 and its two-hundred day moving average is $52.79. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 12 month low of $49.04 and a 12 month high of $55.66.

Hedge Funds Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Institutional investors have recently bought and sold shares of the business. Hirtle Callaghan & Co LLC grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock worth $3,472,000 after purchasing an additional 8,267 shares during the last quarter. Ares Financial Consulting LLC acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth about $3,102,000. Torren Management LLC acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth about $2,735,000. Greenline Partners LLC grew its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after acquiring an additional 2,190 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter valued at about $235,000. Institutional investors own 39.71% of the company’s stock.

About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.