PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Sees Large Decline in Short Interest

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 14,229 shares, a drop of 73.1% from the January 15th total of 52,831 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 93,012 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 93,012 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

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

A number of large investors have recently modified their holdings of MINO. Cary Street Partners Financial LLC grew its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 1.8% in the 4th quarter. Cary Street Partners Financial LLC now owns 165,297 shares of the company’s stock valued at $7,491,000 after acquiring an additional 2,894 shares in the last quarter. Seven Mile Advisory acquired a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the third quarter valued at approximately $3,635,000. Wayfinding Financial LLC bought a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the fourth quarter valued at approximately $1,882,000. Sterling Investment Advisors Ltd. increased its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 84.2% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 37,015 shares of the company’s stock worth $1,678,000 after purchasing an additional 16,915 shares during the last quarter. Finally, Sittner & Nelson LLC increased its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 57.0% during the 3rd quarter. Sittner & Nelson LLC now owns 36,723 shares of the company’s stock worth $1,664,000 after purchasing an additional 13,330 shares during the last quarter.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Trading Up 0.2%

NYSEARCA:MINO traded up $0.07 during trading hours on Friday, reaching $45.90. 72,565 shares of the stock were exchanged, compared to its average volume of 85,442. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a twelve month low of $42.30 and a twelve month high of $45.92. The firm has a 50 day moving average of $45.53 and a 200 day moving average of $45.19.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Company Profile

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.