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

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 25,324 shares, a decrease of 45.0% from the March 15th total of 46,019 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 101,712 shares, the short-interest ratio is presently 0.2 days.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Trading Up 0.2%

MINO traded up $0.09 during trading on Monday, hitting $45.49. 92,476 shares of the stock traded hands, compared to its average volume of 94,852. The firm has a 50-day moving average of $45.55 and a 200 day moving average of $45.52. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 12-month low of $43.54 and a 12-month high of $46.19.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.0%.

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

Several institutional investors have recently added to or reduced their stakes in MINO. Creative Financial Designs Inc. ADV boosted its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 11.6% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,598 shares of the company’s stock valued at $118,000 after buying an additional 271 shares during the period. CoreCap Advisors LLC raised its holdings in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 241.8% in the 4th quarter. CoreCap Advisors LLC now owns 2,984 shares of the company’s stock worth $135,000 after purchasing an additional 2,111 shares in the last quarter. Private Trust Co. NA raised its holdings in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 17.3% in the 4th quarter. Private Trust Co. NA now owns 4,639 shares of the company’s stock worth $210,000 after purchasing an additional 685 shares in the last quarter. Betterment LLC bought a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter worth $227,000. Finally, ORG Partners LLC bought a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter worth $990,000.

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.