PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Short Interest Up 115.6% in April

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 38,384 shares, a growth of 115.6% from the April 15th total of 17,805 shares. Based on an average trading volume of 114,446 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Trading Down 0.4%

NYSEARCA MINO opened at $45.07 on Friday. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 52 week low of $43.56 and a 52 week high of $46.19. The firm has a 50 day moving average of $45.37 and a two-hundred day moving average of $45.53.

Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Large investors have recently bought and sold shares of the business. Creative Financial Designs Inc. ADV raised its stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 11.6% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,598 shares of the company’s stock valued at $118,000 after buying an additional 271 shares in the last quarter. CoreCap Advisors LLC boosted its position in shares of 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 worth $135,000 after acquiring an additional 2,111 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 17.3% in the 4th quarter. Private Trust Co. NA now owns 4,639 shares of the company’s stock valued at $210,000 after acquiring an additional 685 shares during the last quarter. Betterment LLC purchased a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter valued at about $227,000. Finally, AdvisorNet Financial Inc raised its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 175.4% during the 1st quarter. AdvisorNet Financial Inc now owns 6,061 shares of the company’s stock worth $274,000 after acquiring an additional 3,860 shares in the last quarter.

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.