PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Down 78.5% in June

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 7,761 shares, a drop of 78.5% from the June 15th total of 36,017 shares. Based on an average daily trading volume, of 50,042 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

Several institutional investors have recently modified their holdings of LDUR. Jane Street Group LLC raised its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 730.2% in the first quarter. Jane Street Group LLC now owns 49,652 shares of the company’s stock valued at $4,765,000 after purchasing an additional 43,671 shares in the last quarter. Raymond James Financial Inc. boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 138.4% during the second quarter. Raymond James Financial Inc. now owns 57,353 shares of the company’s stock worth $5,496,000 after buying an additional 33,292 shares in the last quarter. Bank of America Corp DE boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 3.3% during the second quarter. Bank of America Corp DE now owns 360,068 shares of the company’s stock worth $34,505,000 after buying an additional 11,453 shares in the last quarter. Curi Capital LLC boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 44.8% during the second quarter. Curi Capital LLC now owns 4,915 shares of the company’s stock worth $471,000 after buying an additional 1,521 shares in the last quarter. Finally, Great Valley Advisor Group Inc. bought a new stake in PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter valued at $1,869,000.

PIMCO Low Duration Exchange-Traded Fund Trading Down 0.1%

LDUR traded down $0.07 on Monday, hitting $95.12. 34,881 shares of the stock traded hands, compared to its average volume of 77,381. PIMCO Low Duration Exchange-Traded Fund has a 52 week low of $95.08 and a 52 week high of $96.60. The business has a fifty day moving average price of $95.39 and a two-hundred day moving average price of $95.74.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.