PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Up 59.9% in December

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 10,608 shares, an increase of 59.9% from the December 15th total of 6,635 shares. Based on an average daily trading volume, of 117,736 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 117,736 shares, the short-interest ratio is currently 0.1 days.

PIMCO Low Duration Exchange-Traded Fund Stock Down 0.0%

PIMCO Low Duration Exchange-Traded Fund stock traded down $0.03 during midday trading on Friday, reaching $96.08. 78,270 shares of the company traded hands, compared to its average volume of 43,352. PIMCO Low Duration Exchange-Traded Fund has a 12 month low of $94.57 and a 12 month high of $96.93. The business has a 50 day moving average of $96.05 and a two-hundred day moving average of $95.92.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

A number of large investors have recently added to or reduced their stakes in the company. Clearstead Advisors LLC acquired a new stake in PIMCO Low Duration Exchange-Traded Fund during the 3rd quarter valued at approximately $26,000. Financial Gravity Companies Inc. acquired a new stake in PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter valued at $89,000. Crewe Advisors LLC purchased a new position in PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter valued at about $100,000. Kestra Investment Management LLC acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the second quarter worth approximately $214,000. Finally, Gries Financial LLC acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the third quarter valued at about $217,000.

About PIMCO Low Duration Exchange-Traded Fund

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.