PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Large Increase in Short Interest

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 22,649 shares, an increase of 36.4% from the November 30th total of 16,610 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 72,143 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 72,143 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LTPZ. Jones Financial Companies Lllp increased its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 1,582.9% in the 1st quarter. Jones Financial Companies Lllp now owns 85,220 shares of the company’s stock valued at $4,385,000 after acquiring an additional 80,156 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the second quarter valued at approximately $73,000. Bessemer Group Inc. bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the third quarter valued at approximately $27,000. Greenline Partners LLC raised its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the third quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after purchasing an additional 2,190 shares during the period. Finally, IFP Advisors Inc raised its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the third quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock worth $186,000 after purchasing an additional 1,000 shares during the period. Institutional investors own 39.71% of the company’s stock.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Price Performance

NYSEARCA LTPZ remained flat at $52.27 during trading hours on Tuesday. The company had a trading volume of 97,808 shares, compared to its average volume of 95,765. The business’s 50 day simple moving average is $52.97 and its two-hundred day simple moving average is $52.59. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 1-year low of $49.04 and a 1-year high of $55.85.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.