Short Interest in PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Drops By 96.8%

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 441 shares, a decrease of 96.8% from the February 26th total of 13,621 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 11,350 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 11,350 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of PIMCO Enhanced Short Maturity Active ESG ETF

A number of institutional investors and hedge funds have recently made changes to their positions in EMNT. Flagship Harbor Advisors LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Active ESG ETF in the 4th quarter worth $30,000. Farther Finance Advisors LLC grew its position in PIMCO Enhanced Short Maturity Active ESG ETF by 3,245.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,037 shares of the company’s stock valued at $102,000 after acquiring an additional 1,006 shares during the period. Finally, Koenig Investment Advisory LLC acquired a new stake in PIMCO Enhanced Short Maturity Active ESG ETF during the fourth quarter worth about $557,000.

PIMCO Enhanced Short Maturity Active ESG ETF Price Performance

Shares of EMNT traded up $0.05 during mid-day trading on Wednesday, hitting $98.86. The company had a trading volume of 4,699 shares, compared to its average volume of 8,993. PIMCO Enhanced Short Maturity Active ESG ETF has a 1-year low of $98.03 and a 1-year high of $99.40. The business’s 50-day simple moving average is $98.79 and its 200-day simple moving average is $98.74.

PIMCO Enhanced Short Maturity Active ESG ETF Cuts Dividend

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

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.