PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Up 2,543.6% in August

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 791,616 shares, a growth of 2,543.6% from the July 30th total of 29,945 shares. Based on an average trading volume of 383,111 shares, the short-interest ratio is presently 2.1 days. Approximately 5.3% of the shares of the company are short sold.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Several hedge funds have recently added to or reduced their stakes in LTPZ. Ares Financial Consulting LLC increased its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 19.4% in the 2nd quarter. Ares Financial Consulting LLC now owns 68,277 shares of the company’s stock worth $3,458,000 after buying an additional 11,084 shares during the period. Essential Partners LLC boosted its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% in the first quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after acquiring an additional 371 shares during the period. Torren Management LLC grew its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% in the first quarter. Torren Management LLC now owns 56,485 shares of the company’s stock worth $2,882,000 after acquiring an additional 3,633 shares during the last quarter. WFA of San Diego LLC grew its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the fourth quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock worth $35,000 after acquiring an additional 400 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter worth $235,000. Institutional investors own 39.71% of the company’s stock.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.0%

Shares of NYSEARCA:LTPZ opened at $48.50 on Thursday. The stock’s 50-day moving average is $48.92 and its 200-day moving average is $50.69. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 52-week low of $47.10 and a 52-week high of $54.87.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.