PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Short Interest Up 272.0% in August

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 70,496 shares, a growth of 272.0% from the July 30th total of 18,950 shares. Based on an average daily volume of 114,440 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Stock Down 0.1%

Shares of MINO opened at $44.67 on Friday. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 1-year low of $43.94 and a 1-year high of $46.19. The firm’s 50 day simple moving average is $45.15 and its 200 day simple moving average is $45.36.

Institutional Investors Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Large investors have recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV increased its holdings in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 40.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,647 shares of the company’s stock valued at $165,000 after purchasing an additional 1,049 shares during the period. Betterment LLC bought a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the third quarter worth $227,000. CoreCap Advisors LLC raised its holdings in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 31.4% in the second quarter. CoreCap Advisors LLC now owns 5,290 shares of the company’s stock worth $242,000 after purchasing an additional 1,264 shares in the last quarter. AdvisorNet Financial Inc lifted its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 175.4% during the first quarter. AdvisorNet Financial Inc now owns 6,061 shares of the company’s stock valued at $274,000 after buying an additional 3,860 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 21.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 12,235 shares of the company’s stock valued at $553,000 after acquiring an additional 2,159 shares during the period.

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.