PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDT) Shares Shorted: Short Interest Down 70.0% in September

PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDT) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 13,256 shares, a drop of 70.0% from the August 31st total of 44,207 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 86,856 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of PIMCO Commodity Strategy Active ETF

A number of institutional investors have recently made changes to their positions in the company. Harbour Investments Inc. increased its position in shares of PIMCO Commodity Strategy Active ETF by 213.4% during the fourth quarter. Harbour Investments Inc. now owns 1,423 shares of the company’s stock worth $39,000 after purchasing an additional 969 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in PIMCO Commodity Strategy Active ETF in the 2nd quarter valued at $51,000. Fifth Third Bancorp acquired a new stake in PIMCO Commodity Strategy Active ETF during the 1st quarter worth $72,000. Arbor Investment Advisors LLC acquired a new stake in PIMCO Commodity Strategy Active ETF during the 1st quarter worth $211,000. Finally, Ferguson Shapiro LLC purchased a new stake in shares of PIMCO Commodity Strategy Active ETF during the first quarter worth $231,000.

PIMCO Commodity Strategy Active ETF Trading Down 1.0%

NYSEARCA:CMDT opened at $35.31 on Friday. PIMCO Commodity Strategy Active ETF has a 12 month low of $26.98 and a 12 month high of $36.86. The stock has a 50 day moving average of $33.99 and a two-hundred day moving average of $33.07.

PIMCO Commodity Strategy Active ETF Company Profile

The PIMCO Commodity Strategy Active ETF (CMDT) seeks total return which exceeds that of its benchmark, consistent with prudent investment management.