PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Down 90.3% in August

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 961 shares, a drop of 90.3% from the August 15th total of 9,913 shares. Based on an average daily volume of 296,238 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

Shares of NYSEARCA CORP traded down $0.65 during trading on Thursday, reaching $93.59. 60,917 shares of the company traded hands, compared to its average volume of 103,162. The firm’s fifty day simple moving average is $95.18 and its 200 day simple moving average is $96.35. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 12-month low of $93.54 and a 12-month high of $99.63.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CORP. IFC & Insurance Marketing Inc. acquired a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the fourth quarter valued at approximately $54,000. RMG Wealth Management LLC acquired a new stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 1st quarter worth approximately $77,000. Triumph Capital Management purchased a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 3rd quarter valued at approximately $155,000. Ruggiero Investments Inc. purchased a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the 4th quarter valued at approximately $212,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 4th quarter valued at $255,000.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

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.