PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Update

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 41,029 shares, an increase of 128.3% from the April 15th total of 17,972 shares. Based on an average daily volume of 39,689 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

Several institutional investors have recently added to or reduced their stakes in the business. Axxcess Wealth Management LLC boosted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 1.1% in the 3rd quarter. Axxcess Wealth Management LLC now owns 10,025 shares of the company’s stock worth $964,000 after buying an additional 110 shares during the last quarter. Compass Financial Group Inc. boosted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 0.9% in the 1st quarter. Compass Financial Group Inc. now owns 12,955 shares of the company’s stock worth $1,241,000 after buying an additional 114 shares during the last quarter. Patten & Patten Inc. TN boosted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 0.7% in the 4th quarter. Patten & Patten Inc. TN now owns 20,031 shares of the company’s stock worth $1,922,000 after buying an additional 145 shares during the last quarter. Raleigh Capital Management Inc. boosted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 4.2% in the 4th quarter. Raleigh Capital Management Inc. now owns 3,707 shares of the company’s stock worth $356,000 after buying an additional 151 shares during the last quarter. Finally, PAX Financial Group LLC boosted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 0.8% in the 1st quarter. PAX Financial Group LLC now owns 20,009 shares of the company’s stock worth $1,917,000 after buying an additional 164 shares during the last quarter.

PIMCO Low Duration Exchange-Traded Fund Stock Performance

LDUR traded down $0.15 during trading on Friday, hitting $95.30. 69,150 shares of the company’s stock traded hands, compared to its average volume of 86,623. The company’s 50 day simple moving average is $95.62 and its two-hundred day simple moving average is $95.92. PIMCO Low Duration Exchange-Traded Fund has a 12-month low of $95.07 and a 12-month high of $96.60.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.