PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Short Interest Up 272.0% in August

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 70,496 shares, a growth of 272.0% from the July 30th total of 18,950 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 114,440 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MINO. Cary Street Partners Financial LLC boosted its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 1.8% in the fourth quarter. Cary Street Partners Financial LLC now owns 165,297 shares of the company’s stock worth $7,491,000 after acquiring an additional 2,894 shares during the period. Waterway Wealth Management LLC grew its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 71.1% in the first quarter. Waterway Wealth Management LLC now owns 91,438 shares of the company’s stock valued at $4,130,000 after purchasing an additional 37,990 shares in the last quarter. Sterling Investment Advisors Ltd. raised its stake in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 58.2% during the 1st quarter. Sterling Investment Advisors Ltd. now owns 58,540 shares of the company’s stock valued at $2,644,000 after purchasing an additional 21,525 shares during the period. Ascentis Independent Advisors raised its stake in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 271.3% during the 1st quarter. Ascentis Independent Advisors now owns 43,499 shares of the company’s stock valued at $1,965,000 after purchasing an additional 31,783 shares during the period. Finally, Wayfinding Financial LLC purchased a new stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the 4th quarter worth about $1,882,000.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Trading Down 0.0%

MINO opened at $44.75 on Thursday. The firm has a 50-day moving average price of $45.19 and a 200-day moving average price of $45.37. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a twelve month low of $43.94 and a twelve month high of $46.19.

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.