PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDT – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 39,773 shares, an increase of 147.3% from the September 30th total of 16,086 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 79,673 shares, the short-interest ratio is currently 0.5 days.
PIMCO Commodity Strategy Active ETF Stock Down 0.8%
NYSEARCA:CMDT traded down $0.27 during mid-day trading on Friday, reaching $31.67. 17,276 shares of the company’s stock traded hands, compared to its average volume of 110,545. PIMCO Commodity Strategy Active ETF has a 12-month low of $26.98 and a 12-month high of $36.86. The company has a 50 day moving average price of $33.70 and a 200-day moving average price of $32.27.
Hedge Funds Weigh In On PIMCO Commodity Strategy Active ETF
A number of institutional investors have recently bought and sold shares of CMDT. Apollon Wealth Management LLC grew its holdings in shares of PIMCO Commodity Strategy Active ETF by 13.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 2,638,821 shares of the company’s stock worth $91,462,000 after acquiring an additional 308,496 shares during the period. Fidelity D & D Bancorp Inc. lifted its stake in shares of PIMCO Commodity Strategy Active ETF by 18.4% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 270,012 shares of the company’s stock valued at $8,713,000 after purchasing an additional 41,872 shares during the period. Krilogy Financial LLC lifted its stake in shares of PIMCO Commodity Strategy Active ETF by 123.2% in the 3rd quarter. Krilogy Financial LLC now owns 67,849 shares of the company’s stock valued at $2,197,000 after purchasing an additional 37,450 shares during the period. Stonebridge Financial Group LLC bought a new stake in shares of PIMCO Commodity Strategy Active ETF during the second quarter valued at approximately $1,119,000. Finally, Dahring Cusmano LLC bought a new stake in shares of PIMCO Commodity Strategy Active ETF during the first quarter valued at approximately $414,000.
About PIMCO Commodity Strategy Active ETF
The PIMCO Commodity Strategy Active ETF (CMDT) seeks total return which exceeds that of its benchmark, consistent with prudent investment management.
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