PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Shares Shorted: Short Interest Down 82.2% in October

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 325,631 shares, a drop of 82.2% from the September 30th total of 1,832,799 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 2,100,958 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Root Financial Partners LLC raised its position in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% during the first quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock valued at $26,000 after purchasing an additional 109 shares during the period. XP Advisory US Inc. purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 2nd quarter worth approximately $31,000. American National Bank & Trust bought a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 3rd quarter valued at approximately $46,000. Highland Investment Advisors LLC purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 2nd quarter valued at $52,000. Finally, Fairway Wealth LLC purchased a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 1st quarter valued at $168,000.

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

Shares of NYSEARCA:MINT traded up $0.02 during midday trading on Thursday, hitting $100.67. The company had a trading volume of 1,213,005 shares, compared to its average volume of 1,698,296. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 12-month low of $100.23 and a 12-month high of $100.82. The company has a fifty day moving average of $100.57 and a two-hundred day moving average of $100.57.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.