Short Interest in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Expands By 148.5%

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 65,242 shares, an increase of 148.5% from the March 31st total of 26,259 shares. Based on an average daily trading volume, of 34,983 shares, the short-interest ratio is currently 1.9 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Captrust Financial Advisors boosted its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% during the second quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock worth $2,577,000 after buying an additional 28,493 shares during the period. JPMorgan Chase & Co. boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the second 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. TD Private Client Wealth LLC boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 4.6% in the fourth quarter. TD Private Client Wealth LLC now owns 18,229 shares of the company’s stock valued at $978,000 after purchasing an additional 803 shares during the period. Arbor Investment Advisors LLC boosted its holdings in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 6.5% in the fourth quarter. Arbor Investment Advisors LLC now owns 94,534 shares of the company’s stock valued at $5,073,000 after purchasing an additional 5,795 shares during the period. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter valued at $254,000. 75.17% of the stock is currently owned by hedge funds and other institutional investors.

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

STPZ opened at $54.57 on Tuesday. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 52 week low of $53.25 and a 52 week high of $54.58. The business has a fifty day simple moving average of $54.14 and a 200-day simple moving average of $53.97.

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

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.