Short Interest in PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Increases By 8,795.0%

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNTGet Free Report) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 39,227 shares, a growth of 8,795.0% from the March 15th total of 441 shares. Based on an average trading volume of 12,138 shares, the short-interest ratio is presently 3.2 days. Currently, 1.8% of the company’s stock are sold short.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Active ESG ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EMNT. Koenig Investment Advisory LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Active ESG ETF in the fourth quarter worth $557,000. Farther Finance Advisors LLC raised its holdings 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 during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Active ESG ETF in the fourth quarter worth $30,000.

PIMCO Enhanced Short Maturity Active ESG ETF Trading Down 0.0%

NYSEARCA:EMNT traded down $0.01 during midday trading on Friday, reaching $98.76. 8,378 shares of the stock traded hands, compared to its average volume of 9,032. PIMCO Enhanced Short Maturity Active ESG ETF has a 12-month low of $98.31 and a 12-month high of $99.40. The business has a 50-day moving average of $98.78 and a two-hundred day moving average of $98.74.

PIMCO Enhanced Short Maturity Active ESG ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

PIMCO Enhanced Short Maturity Active ESG ETF Company Profile

(Get Free Report)

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.

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