PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Short Interest Update

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 13,621 shares, a decrease of 60.4% from the February 12th total of 34,393 shares. Based on an average daily trading volume, of 8,396 shares, the short-interest ratio is currently 1.6 days. Approximately 0.6% of the company’s shares are sold short. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 8,396 shares, the short-interest ratio is currently 1.6 days.

Institutional Trading of PIMCO Enhanced Short Maturity Active ESG ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EMNT. Koenig Investment Advisory LLC bought a new position in shares of PIMCO Enhanced Short Maturity Active ESG ETF in the 4th quarter worth about $557,000. Farther Finance Advisors LLC boosted its stake in PIMCO Enhanced Short Maturity Active ESG ETF by 3,245.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,037 shares of the company’s stock worth $102,000 after acquiring an additional 1,006 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in PIMCO Enhanced Short Maturity Active ESG ETF in the fourth quarter worth about $30,000.

PIMCO Enhanced Short Maturity Active ESG ETF Stock Performance

PIMCO Enhanced Short Maturity Active ESG ETF stock traded down $0.02 during trading hours on Friday, hitting $98.68. 2,246 shares of the stock traded hands, compared to its average volume of 8,564. PIMCO Enhanced Short Maturity Active ESG ETF has a one year low of $98.03 and a one year high of $99.03. The firm’s 50-day moving average price is $98.77 and its two-hundred day moving average price is $98.73.

PIMCO Enhanced Short Maturity Active ESG ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.29 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.