PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Up 116.9% in December

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 245,648 shares, an increase of 116.9% from the December 15th total of 113,261 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,224,490 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 1,224,490 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aventura Private Wealth LLC purchased a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter worth about $45,000. American National Bank & Trust increased its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 77.2% during the third quarter. American National Bank & Trust now owns 459 shares of the company’s stock valued at $46,000 after acquiring an additional 200 shares in the last quarter. Trust Co. of Toledo NA OH bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter valued at approximately $55,000. MassMutual Private Wealth & Trust FSB purchased a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 4th quarter worth approximately $66,000. Finally, Washington Trust Advisors Inc. raised its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% in the 3rd quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock worth $99,000 after acquiring an additional 100 shares during the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Up 0.0%

Shares of MINT stock traded up $0.03 during midday trading on Thursday, reaching $100.53. 1,083,194 shares of the stock were exchanged, compared to its average volume of 1,334,579. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1 year low of $100.04 and a 1 year high of $100.76. The company’s 50 day moving average is $100.48 and its two-hundred day moving average is $100.47.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were paid a $0.36 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, December 31st.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.