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

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 17,158 shares, an increase of 61.7% from the December 31st total of 10,608 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 39,924 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 39,924 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

PIMCO Low Duration Exchange-Traded Fund Stock Down 0.3%

Shares of LDUR opened at $95.94 on Monday. The stock has a 50 day moving average price of $96.07 and a 200 day moving average price of $95.99. PIMCO Low Duration Exchange-Traded Fund has a 52-week low of $94.57 and a 52-week high of $96.93.

PIMCO Low Duration Exchange-Traded Fund Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a $0.32 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Monday, February 2nd.

Institutional Investors Weigh In On PIMCO Low Duration Exchange-Traded Fund

A number of institutional investors have recently made changes to their positions in LDUR. Jane Street Group LLC lifted its holdings in PIMCO Low Duration Exchange-Traded Fund by 730.2% in the first quarter. Jane Street Group LLC now owns 49,652 shares of the company’s stock worth $4,765,000 after acquiring an additional 43,671 shares during the last quarter. Ameriflex Group Inc. grew its position in shares of PIMCO Low Duration Exchange-Traded Fund by 10.1% during the second quarter. Ameriflex Group Inc. now owns 5,395 shares of the company’s stock worth $516,000 after acquiring an additional 496 shares during the last quarter. AIFG Consultants Ltd. lifted its position in PIMCO Low Duration Exchange-Traded Fund by 2.1% in the 2nd quarter. AIFG Consultants Ltd. now owns 41,805 shares of the company’s stock valued at $4,006,000 after purchasing an additional 876 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its position in PIMCO Low Duration Exchange-Traded Fund by 12.7% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 8,736 shares of the company’s stock valued at $837,000 after purchasing an additional 986 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 119.8% during the 2nd quarter. DAVENPORT & Co LLC now owns 8,164 shares of the company’s stock valued at $782,000 after purchasing an additional 4,449 shares during the period.

About PIMCO Low Duration Exchange-Traded Fund

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.