PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Up 779.2% in January

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 601,496 shares, a growth of 779.2% from the January 15th total of 68,412 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 1,395,226 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 1,395,226 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Hedge funds have recently bought and sold shares of the company. Washington Trust Advisors Inc. increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% during the third quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock valued at $99,000 after acquiring an additional 100 shares during the period. Titleist Asset Management LLC grew its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 5.1% during the 3rd quarter. Titleist Asset Management LLC now owns 2,095 shares of the company’s stock worth $211,000 after purchasing an additional 102 shares in the last quarter. LRI Investments LLC increased its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 8.7% during the second quarter. LRI Investments LLC now owns 1,623 shares of the company’s stock valued at $163,000 after purchasing an additional 130 shares during the period. Intellus Advisors LLC increased its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1.8% during the fourth quarter. Intellus Advisors LLC now owns 7,646 shares of the company’s stock valued at $767,000 after purchasing an additional 132 shares during the period. Finally, Parallel Advisors LLC raised its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% in the fourth quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock valued at $56,000 after purchasing an additional 166 shares in the last quarter.

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

Shares of NYSEARCA:MINT traded up $0.02 during trading on Thursday, reaching $100.51. The stock had a trading volume of 1,502,156 shares, compared to its average volume of 1,377,163. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 52 week low of $100.04 and a 52 week high of $100.75. The stock has a fifty day simple moving average of $100.51 and a two-hundred day simple moving average of $100.50.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.34 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, February 2nd.

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.