PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Sees Large Increase in Short Interest

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 38,384 shares, an increase of 115.6% from the April 15th total of 17,805 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 114,446 shares, the short-interest ratio is presently 0.3 days.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Price Performance

NYSEARCA:MINO traded down $0.20 during mid-day trading on Friday, hitting $45.07. 137,844 shares of the company’s stock traded hands, compared to its average volume of 99,153. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 12 month low of $43.56 and a 12 month high of $46.19. The firm has a 50 day moving average of $45.37 and a two-hundred day moving average of $45.52.

Institutional Trading of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Hedge funds have recently modified their holdings of the company. Cary Street Partners Financial LLC lifted its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 1.8% in the 4th quarter. Cary Street Partners Financial LLC now owns 165,297 shares of the company’s stock worth $7,491,000 after acquiring an additional 2,894 shares during the period. AdvisorNet Financial Inc lifted its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 175.4% in the 1st quarter. AdvisorNet Financial Inc now owns 6,061 shares of the company’s stock worth $274,000 after acquiring an additional 3,860 shares during the period. Ascentis Independent Advisors lifted its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 271.3% in the 1st quarter. Ascentis Independent Advisors now owns 43,499 shares of the company’s stock worth $1,965,000 after acquiring an additional 31,783 shares during the period. Janney Montgomery Scott LLC lifted 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 acquiring an additional 2,159 shares during the period. Finally, Betterment LLC bought a new stake in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter worth approximately $227,000.

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.