Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Declines By 45.8%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 414,983 shares, a decrease of 45.8% from the April 30th total of 766,293 shares. Based on an average daily volume of 1,439,886 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the stock are short sold.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

Shares of MINT opened at $100.72 on Monday. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 12-month low of $100.15 and a 12-month high of $100.74. The business has a 50-day simple moving average of $100.54 and a two-hundred day simple moving average of $100.52.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC increased its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% in the 1st quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock worth $26,000 after purchasing an additional 109 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth about $45,000. Parallel Advisors LLC increased its holdings in 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 in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth about $66,000. Finally, Washington Trust Advisors Inc. increased its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% in the 3rd quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock worth $99,000 after purchasing an additional 100 shares in the last quarter.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

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.