PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Down 60.0% in May

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 16,406 shares, a decrease of 60.0% from the April 30th total of 41,029 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 48,602 shares, the short-interest ratio is presently 0.3 days.

PIMCO Low Duration Exchange-Traded Fund Stock Up 0.1%

Shares of NYSEARCA:LDUR traded up $0.12 on Friday, reaching $95.59. 28,722 shares of the company’s stock were exchanged, compared to its average volume of 83,474. PIMCO Low Duration Exchange-Traded Fund has a fifty-two week low of $95.07 and a fifty-two week high of $96.60. The business’s 50-day moving average is $95.57 and its two-hundred day moving average is $95.88.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

A number of large investors have recently modified their holdings of LDUR. Clearstead Advisors LLC acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 3rd quarter worth about $26,000. Kingdom Financial Group LLC. acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 4th quarter worth about $28,000. International Assets Investment Management LLC increased its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 1,025.8% in the 1st quarter. International Assets Investment Management LLC now owns 349 shares of the company’s stock worth $33,000 after acquiring an additional 318 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 4th quarter worth about $36,000. Finally, Arax Advisory Partners acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund in the 4th quarter worth about $49,000.

About PIMCO Low Duration Exchange-Traded Fund

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.