PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Significant Increase in Short Interest

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 591,160 shares, a growth of 85.6% from the February 26th total of 318,551 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 1,712,722 shares, the short-interest ratio is currently 0.3 days.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Trading Down 0.0%

Shares of MINT traded down $0.05 during mid-day trading on Thursday, reaching $100.52. The company’s stock had a trading volume of 1,874,220 shares, compared to its average volume of 1,465,323. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 52 week low of $100.04 and a 52 week high of $100.72. The company’s fifty day moving average price is $100.54 and its two-hundred day moving average price is $100.51.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.34 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several institutional investors have recently added to or reduced their stakes in MINT. Cahill Financial Advisors Inc. increased its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 14.8% in the third quarter. Cahill Financial Advisors Inc. now owns 57,236 shares of the company’s stock worth $5,763,000 after buying an additional 7,393 shares during the period. Providence First Trust Co boosted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 4.5% during the 3rd quarter. Providence First Trust Co now owns 153,017 shares of the company’s stock valued at $15,407,000 after acquiring an additional 6,630 shares during the period. SOL Capital Management CO boosted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1.9% during the 3rd quarter. SOL Capital Management CO now owns 41,544 shares of the company’s stock valued at $4,183,000 after acquiring an additional 785 shares during the period. ORG Partners LLC grew its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 46.4% during the 3rd quarter. ORG Partners LLC now owns 1,580 shares of the company’s stock worth $159,000 after acquiring an additional 501 shares during the last quarter. Finally, Cedar Mountain Advisors LLC grew its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 24.1% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 20,916 shares of the company’s stock worth $2,106,000 after acquiring an additional 4,057 shares during 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.