PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Up 96.2% in June

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 271,203 shares, an increase of 96.2% from the May 31st total of 138,193 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 1,471,107 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC increased its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% in the 1st quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock worth $26,000 after buying an additional 109 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter worth $45,000. Parallel Advisors LLC lifted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% during the 4th quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock worth $56,000 after acquiring an additional 166 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter worth $66,000. Finally, Fairway Wealth LLC purchased a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the first quarter worth $168,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Down 0.3%

Shares of NYSEARCA MINT traded down $0.34 during midday trading on Wednesday, hitting $100.47. 1,683,440 shares of the company’s stock were exchanged, compared to its average volume of 1,562,577. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 12-month low of $100.17 and a 12-month high of $100.82. The business’s fifty day moving average price is $100.61 and its two-hundred day moving average price is $100.55.

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.