PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Stock Short Interest Report for October

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 5,369 shares, a decrease of 82.0% from the October 15th total of 29,853 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 95,320 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

A number of hedge funds have recently modified their holdings of LDUR. TD Capital Management LLC bought a new position in PIMCO Low Duration Exchange-Traded Fund during the 3rd quarter worth approximately $42,183,000. Cibc World Market Inc. bought a new stake in PIMCO Low Duration Exchange-Traded Fund in the third quarter valued at approximately $204,000. HighTower Advisors LLC acquired a new stake in PIMCO Low Duration Exchange-Traded Fund in the third quarter worth $12,730,000. Harbour Investments Inc. acquired a new stake in PIMCO Low Duration Exchange-Traded Fund in the third quarter worth $112,000. Finally, Bellwether Advisors LLC raised its holdings in PIMCO Low Duration Exchange-Traded Fund by 104.9% in the third quarter. Bellwether Advisors LLC now owns 7,977 shares of the company’s stock worth $751,000 after purchasing an additional 4,084 shares during the period.

PIMCO Low Duration Exchange-Traded Fund Trading Down 0.2%

NYSEARCA:LDUR traded down $0.15 during mid-day trading on Thursday, hitting $94.10. The company had a trading volume of 40,206 shares, compared to its average volume of 78,833. PIMCO Low Duration Exchange-Traded Fund has a fifty-two week low of $93.74 and a fifty-two week high of $96.54. The business’s fifty day moving average is $94.39 and its two-hundred day moving average is $95.29.

About PIMCO Low Duration Exchange-Traded Fund

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.