PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Sees Large Decrease in Short Interest

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 13,621 shares, a drop of 60.4% from the February 12th total of 34,393 shares. Based on an average daily trading volume, of 8,396 shares, the short-interest ratio is currently 1.6 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 8,396 shares, the short-interest ratio is currently 1.6 days.

PIMCO Enhanced Short Maturity Active ESG ETF Price Performance

PIMCO Enhanced Short Maturity Active ESG ETF stock opened at $98.74 on Wednesday. The business’s fifty day simple moving average is $98.76 and its two-hundred day simple moving average is $98.73. PIMCO Enhanced Short Maturity Active ESG ETF has a 12 month low of $98.03 and a 12 month high of $99.03.

PIMCO Enhanced Short Maturity Active ESG ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.29 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of PIMCO Enhanced Short Maturity Active ESG ETF

Several institutional investors have recently bought and sold shares of the company. Koenig Investment Advisory LLC bought a new stake in PIMCO Enhanced Short Maturity Active ESG ETF during the 4th quarter valued at about $557,000. Farther Finance Advisors LLC lifted its stake in shares of PIMCO Enhanced Short Maturity Active ESG ETF by 3,245.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,037 shares of the company’s stock worth $102,000 after buying an additional 1,006 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of PIMCO Enhanced Short Maturity Active ESG ETF in the fourth quarter worth approximately $30,000.

About PIMCO Enhanced Short Maturity Active ESG ETF

The PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks greater income and total return potential than money market funds by investing in short-term debt securities with an ESG screen. EMNT was launched on Dec 10, 2019 and is managed by PIMCO.