PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT – Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 138,193 shares, a decrease of 66.7% from the May 14th total of 414,983 shares. Based on an average daily trading volume, of 1,812,334 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.
PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance
PIMCO Enhanced Short Maturity Exchange-Traded Fund stock opened at $100.55 on Thursday. The firm has a 50 day simple moving average of $100.53 and a 200-day simple moving average of $100.52. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1-year low of $100.15 and a 1-year high of $100.74.
Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund
A number of hedge funds have recently made changes to their positions in the stock. Robinswood Financial LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 1st quarter worth approximately $491,000. Strategic Investment Advisors MI raised its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 15.9% in the 1st quarter. Strategic Investment Advisors MI now owns 53,916 shares of the company’s stock valued at $5,421,000 after purchasing an additional 7,385 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 3.4% in the 1st quarter. Arkadios Wealth Advisors now owns 204,154 shares of the company’s stock valued at $20,532,000 after purchasing an additional 6,708 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 6,619.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 18,209 shares of the company’s stock valued at $1,831,000 after purchasing an additional 17,938 shares in the last quarter. Finally, Mittelman Wealth Management acquired a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 1st quarter valued at $1,522,000.
About PIMCO Enhanced Short Maturity Exchange-Traded Fund
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.
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