PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Down 90.3% in August

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 961 shares, a decrease of 90.3% from the August 15th total of 9,913 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 296,238 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Hedge funds have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. acquired a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at approximately $54,000. RMG Wealth Management LLC acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $77,000. Triumph Capital Management acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 3rd quarter worth approximately $155,000. Ruggiero Investments Inc. purchased a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at approximately $212,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at approximately $255,000.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Price Performance

Shares of NYSEARCA:CORP traded down $0.65 during trading on Thursday, reaching $93.59. 60,917 shares of the company’s stock traded hands, compared to its average volume of 103,162. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a fifty-two week low of $93.54 and a fifty-two week high of $99.63. The company has a 50-day simple moving average of $95.18 and a 200-day simple moving average of $96.35.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.