PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Sees Large Drop in Short Interest

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 13,236 shares, a decline of 21.2% from the December 31st total of 16,794 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 6,632 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 6,632 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.6% of the company’s shares are short sold.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Active ESG ETF

Institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its position in shares of PIMCO Enhanced Short Maturity Active ESG ETF by 69.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 6,292 shares of the company’s stock worth $621,000 after purchasing an additional 2,583 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in PIMCO Enhanced Short Maturity Active ESG ETF in the 4th quarter valued at about $30,000. Finally, Farther Finance Advisors LLC raised its stake in PIMCO Enhanced Short Maturity Active ESG ETF by 3,245.2% during the 4th quarter. Farther Finance Advisors LLC now owns 1,037 shares of the company’s stock worth $102,000 after buying an additional 1,006 shares during the period.

PIMCO Enhanced Short Maturity Active ESG ETF Trading Down 0.3%

EMNT stock traded down $0.31 during mid-day trading on Monday, reaching $98.60. The company’s stock had a trading volume of 5,599 shares, compared to its average volume of 7,209. PIMCO Enhanced Short Maturity Active ESG ETF has a 12 month low of $98.03 and a 12 month high of $98.93. The business’s 50 day moving average price is $98.72 and its 200 day moving average price is $98.70.

PIMCO Enhanced Short Maturity Active ESG ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.8%.

About PIMCO Enhanced Short Maturity Active ESG ETF

The PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks greater income and total return potential than money market funds by investing in short-term debt securities with an ESG screen. EMNT was launched on Dec 10, 2019 and is managed by PIMCO.