PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Down 66.4% in July

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 104,328 shares, a decrease of 66.4% from the June 30th total of 310,172 shares. Based on an average daily volume of 1,931,465 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% in the first quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock worth $26,000 after acquiring an additional 109 shares during the period. Arbor Investment Advisors LLC grew its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6.9% during the 1st quarter. Arbor Investment Advisors LLC now owns 10,189 shares of the company’s stock valued at $1,025,000 after acquiring an additional 655 shares during the period. Fairway Wealth LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter valued at about $168,000. JPMorgan Chase & Co. raised its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 4.4% in the 4th quarter. JPMorgan Chase & Co. now owns 32,615,613 shares of the company’s stock worth $3,272,651,000 after purchasing an additional 1,368,763 shares during the period. Finally, Integrated Investment Consultants LLC acquired a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth about $497,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

Shares of NYSEARCA MINT traded up $0.03 during midday trading on Monday, reaching $100.71. 887,417 shares of the stock were exchanged, compared to its average volume of 1,565,268. The firm has a 50-day simple moving average of $100.62 and a two-hundred day simple moving average of $100.56. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a twelve month low of $100.27 and a twelve month high of $100.82.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.