Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Drops By 86.5%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 79,512 shares, a decrease of 86.5% from the March 31st total of 587,912 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,187,841 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Root Financial Partners LLC increased its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% during the 1st quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock worth $26,000 after purchasing an additional 109 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter worth about $45,000. American National Bank & Trust lifted its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 77.2% in the third quarter. American National Bank & Trust now owns 459 shares of the company’s stock valued at $46,000 after buying an additional 200 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% in the fourth quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock valued at $56,000 after buying an additional 166 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the fourth quarter valued at approximately $66,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Trading Up 0.0%

Shares of NYSEARCA MINT traded up $0.02 during trading hours on Friday, hitting $100.64. The company had a trading volume of 1,061,421 shares, compared to its average volume of 1,591,987. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1-year low of $100.04 and a 1-year high of $100.72. The firm’s 50 day moving average is $100.51 and its 200-day moving average is $100.50.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.