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

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 18,440 shares, a growth of 29.6% from the January 29th total of 14,229 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 90,413 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 90,413 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Price Performance

MINO traded up $0.01 during trading on Wednesday, reaching $45.73. The company’s stock had a trading volume of 98,463 shares, compared to its average volume of 87,335. The company’s fifty day moving average price is $45.67 and its 200-day moving average price is $45.38. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 52-week low of $42.30 and a 52-week high of $46.19.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Investors of record on Monday, March 2nd will be issued a dividend of $0.15 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Monday, March 2nd.

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

Institutional investors have recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV increased its stake in shares of 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 worth $118,000 after purchasing an additional 271 shares in the last quarter. CoreCap Advisors LLC grew its holdings in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 241.8% during the 4th quarter. CoreCap Advisors LLC now owns 2,984 shares of the company’s stock valued at $135,000 after buying an additional 2,111 shares during the last quarter. Private Trust Co. NA increased its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 17.3% during the fourth quarter. Private Trust Co. NA now owns 4,639 shares of the company’s stock worth $210,000 after buying an additional 685 shares in the last quarter. Betterment LLC purchased a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the third quarter worth $227,000. Finally, ORG Partners LLC acquired a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the third 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.