Short Interest in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Grows By 288.5%

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 84,851 shares, an increase of 288.5% from the January 15th total of 21,843 shares. Based on an average daily trading volume, of 35,673 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.1% of the company’s shares are short sold. Currently, 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 35,673 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Arbor Investment Advisors LLC grew its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.5% in the second quarter. Arbor Investment Advisors LLC now owns 89,286 shares of the company’s stock worth $4,804,000 after purchasing an additional 1,280 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after buying an additional 1,059 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 2nd quarter worth about $1,417,000. Captrust Financial Advisors grew its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% in the 2nd quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock worth $2,577,000 after buying an additional 28,493 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock worth $944,000 after acquiring an additional 1,718 shares in the last quarter. 75.17% of the stock is owned by hedge funds and other institutional investors.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Stock Performance

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund stock traded up $0.02 during trading on Friday, reaching $54.00. 15,447 shares of the stock were exchanged, compared to its average volume of 31,288. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 1 year low of $52.96 and a 1 year high of $54.48. The stock’s fifty day moving average is $53.77 and its 200 day moving average is $53.98.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.8%.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.