PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Down 41.3% in April

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 30,740 shares, a decline of 41.3% from the April 15th total of 52,411 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 76,663 shares, the days-to-cover ratio is currently 0.4 days.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.3%

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund stock traded down $0.13 during midday trading on Monday, reaching $50.17. The stock had a trading volume of 182,485 shares, compared to its average volume of 86,185. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 12 month low of $49.83 and a 12 month high of $54.87. The firm’s 50-day moving average price is $51.50 and its 200 day moving average price is $52.21.

Institutional Investors Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Several hedge funds and other institutional investors have recently modified their holdings of LTPZ. Ares Financial Consulting LLC bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at about $3,102,000. Torren Management LLC bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at about $2,735,000. Hirtle Callaghan & Co LLC increased its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 14.1% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 67,099 shares of the company’s stock valued at $3,472,000 after buying an additional 8,267 shares during the period. Atlas Capital Advisors Inc. bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter valued at about $235,000. Finally, Greenline Partners LLC increased its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the third quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock valued at $1,566,000 after buying an additional 2,190 shares during the period. 39.71% of the stock is currently owned by institutional investors.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.