Short Interest in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Rises By 97.6%

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 32,429 shares, a growth of 97.6% from the November 30th total of 16,411 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 27,587 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 27,587 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after purchasing an additional 1,059 shares during the period. Arkos Global Advisors acquired a new position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the 3rd quarter valued at $232,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter worth $254,000. Jones Financial Companies Lllp lifted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% in the third quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock valued at $264,000 after buying an additional 1,505 shares during the period. Finally, TD Private Client Wealth LLC boosted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 35.3% during the second quarter. TD Private Client Wealth LLC now owns 15,708 shares of the company’s stock valued at $845,000 after buying an additional 4,096 shares in the last quarter. Institutional investors and hedge funds own 75.17% of the company’s stock.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Price Performance

Shares of NYSEARCA STPZ traded up $0.03 during midday trading on Monday, reaching $53.82. 42,247 shares of the company traded hands, compared to its average volume of 52,365. The stock has a 50-day moving average price of $53.91 and a 200 day moving average price of $53.96. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 52 week low of $52.21 and a 52 week high of $54.48.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.