Short Interest in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Increases By 993.7%

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 15,684 shares, a growth of 993.7% from the December 31st total of 1,434 shares. Based on an average daily trading volume, of 173,083 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 173,083 shares, the short-interest ratio is presently 0.1 days.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Trading Up 0.1%

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock traded up $0.12 during midday trading on Thursday, reaching $98.28. The stock had a trading volume of 62,950 shares, compared to its average volume of 118,495. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 12 month low of $92.45 and a 12 month high of $99.63. The firm’s 50-day moving average price is $98.25 and its 200 day moving average price is $98.10.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 24.7% in the third quarter. NewEdge Advisors LLC now owns 179,925 shares of the company’s stock worth $17,744,000 after acquiring an additional 35,651 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 7.0% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 140,919 shares of the company’s stock worth $13,848,000 after purchasing an additional 9,207 shares during the period. Flow Traders U.S. LLC grew its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 81,384 shares of the company’s stock valued at $8,026,000 after buying an additional 11,174 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 15.5% in the third quarter. Jones Financial Companies Lllp now owns 59,118 shares of the company’s stock worth $5,815,000 after buying an additional 7,932 shares in the last quarter. Finally, Evensky & Katz LLC boosted its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 73.1% in the third quarter. Evensky & Katz LLC now owns 38,475 shares of the company’s stock valued at $3,794,000 after acquiring an additional 16,244 shares during the period.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.