PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Sees Significant Growth in Short Interest

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 18,440 shares, an increase of 29.6% from the January 29th total of 14,229 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 90,413 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 90,413 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in MINO. Cary Street Partners Financial LLC increased its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 1.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 165,297 shares of the company’s stock valued at $7,491,000 after purchasing an additional 2,894 shares during the period. Seven Mile Advisory acquired a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter worth approximately $3,635,000. Waterway Wealth Management LLC boosted its stake in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 10.4% in the 4th quarter. Waterway Wealth Management LLC now owns 53,448 shares of the company’s stock valued at $2,422,000 after purchasing an additional 5,034 shares during the last quarter. Wayfinding Financial LLC acquired a new stake in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the fourth quarter worth $1,882,000. Finally, Sterling Investment Advisors Ltd. raised its stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 84.2% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 37,015 shares of the company’s stock worth $1,678,000 after buying an additional 16,915 shares during the last quarter.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Stock Performance

NYSEARCA MINO traded down $0.27 on Monday, reaching $45.89. The company had a trading volume of 132,417 shares, compared to its average volume of 86,203. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a fifty-two week low of $42.30 and a fifty-two week high of $46.19. The business has a 50 day moving average of $45.66 and a two-hundred day moving average of $45.37.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Company Profile

The PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily holds investment grade and high yield US municipal bonds across varying maturities. MINO was launched on Sep 8, 2021 and is managed by PIMCO.