Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Drops By 86.5%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 79,512 shares, a drop of 86.5% from the March 31st total of 587,912 shares. Based on an average daily trading volume, of 2,187,841 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

Shares of MINT traded up $0.02 during mid-day trading on Friday, reaching $100.64. The company’s stock had a trading volume of 1,061,421 shares, compared to its average volume of 1,591,987. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1-year low of $100.04 and a 1-year high of $100.72. The business has a 50-day simple moving average of $100.51 and a two-hundred day simple moving average of $100.50.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Washington Trust Advisors Inc. raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% in the 3rd quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock worth $99,000 after purchasing an additional 100 shares in the last quarter. Titleist Asset Management LLC raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 5.1% in the 3rd quarter. Titleist Asset Management LLC now owns 2,095 shares of the company’s stock worth $211,000 after purchasing an additional 102 shares in the last quarter. Root Financial Partners LLC raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% in the 1st quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock worth $26,000 after purchasing an additional 109 shares in the last quarter. Intellus Advisors LLC raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 1.8% in the 4th quarter. Intellus Advisors LLC now owns 7,646 shares of the company’s stock worth $767,000 after purchasing an additional 132 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% in the 4th quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock worth $56,000 after purchasing an additional 166 shares in 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.