PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Up 288.5% in January

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZGet Free Report) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 84,851 shares, a growth of 288.5% from the January 15th total of 21,843 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily volume of 35,673 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily volume of 35,673 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.1% of the shares of the company are short sold.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Price Performance

Shares of NYSEARCA STPZ opened at $53.96 on Wednesday. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 12-month low of $52.83 and a 12-month high of $54.48. The stock’s 50 day simple moving average is $53.77 and its 200 day simple moving average is $53.98.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 3.8%.

Institutional Trading of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after purchasing an additional 1,059 shares during the period. Arkos Global Advisors bought a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter worth approximately $232,000. KERR FINANCIAL PLANNING Corp acquired a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter valued at approximately $254,000. Jones Financial Companies Lllp raised its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock valued at $264,000 after acquiring an additional 1,505 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock worth $944,000 after acquiring an additional 1,718 shares during the period. 75.17% of the stock is currently owned by institutional investors.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

(Get Free Report)

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.

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