PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 96,656 shares, a growth of 90.0% from the September 15th total of 50,880 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 475,560 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund
Several institutional investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC lifted its stake in 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 period. Farther Finance Advisors LLC increased its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 134.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 62,831 shares of the company’s stock valued at $2,676,000 after purchasing an additional 36,083 shares during the period. CoreCap Advisors LLC raised its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 14.1% in the 3rd quarter. CoreCap Advisors LLC now owns 6,035 shares of the company’s stock valued at $257,000 after purchasing an additional 745 shares in the last quarter. Worth Asset Management LLC raised its holdings 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 valued at $618,000 after purchasing an additional 2,903 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. raised its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 46.8% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 85,925 shares of the company’s stock valued at $3,932,000 after purchasing an additional 27,385 shares in the last quarter.
PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Stock Up 0.1%
Shares of NYSEARCA MINO traded up $0.05 during trading hours on Friday, reaching $43.23. The stock had a trading volume of 692,659 shares, compared to its average volume of 157,516. The business’s fifty day moving average price is $43.78 and its two-hundred day moving average price is $44.79. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 52-week low of $42.15 and a 52-week high of $46.19.
About PIMCO Municipal Income Opportunities Active Exchange-Traded Fund
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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