PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 43,964 shares, an increase of 387.0% from the October 15th total of 9,027 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 566,139 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Lodestone Wealth Management LLC grew its stake in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 11.1% in the third quarter. Lodestone Wealth Management LLC now owns 2,633 shares of the company’s stock worth $112,000 after acquiring an additional 264 shares during the last quarter. CoreCap Advisors LLC increased its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 14.1% during the third quarter. CoreCap Advisors LLC now owns 6,035 shares of the company’s stock valued at $257,000 after acquiring an additional 745 shares in the last quarter. Nemes Rush Group LLC purchased a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter worth about $61,000. Janney Montgomery Scott LLC raised its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 21.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 12,235 shares of the company’s stock worth $553,000 after purchasing an additional 2,159 shares during the last quarter. Finally, Worth Asset Management LLC raised its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 25.0% in the 3rd quarter. Worth Asset Management LLC now owns 14,503 shares of the company’s stock worth $618,000 after purchasing an additional 2,903 shares during the last quarter.
PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Stock Up 0.2%
Shares of NYSEARCA MINO traded up $0.07 during trading hours on Wednesday, hitting $44.45. The company’s stock had a trading volume of 251,815 shares, compared to its average volume of 186,949. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 12 month low of $42.15 and a 12 month high of $46.19. The business has a 50-day simple moving average of $43.46 and a 200-day simple moving average of $44.89.
PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Company Profile
The PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily holds investment grade and high yield US municipal bonds across varying maturities. MINO was launched on Sep 8, 2021 and is managed by PIMCO.
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