PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDT) Sees Significant Decrease in Short Interest

PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDT) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 13,256 shares, a drop of 70.0% from the August 31st total of 44,207 shares. Based on an average daily trading volume, of 86,856 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of PIMCO Commodity Strategy Active ETF

Institutional investors have recently bought and sold shares of the stock. Allianz Asset Management GmbH lifted its stake in shares of PIMCO Commodity Strategy Active ETF by 32.6% during the fourth quarter. Allianz Asset Management GmbH now owns 2,977,136 shares of the company’s stock worth $82,139,000 after buying an additional 732,100 shares during the period. Apollon Wealth Management LLC grew its holdings in shares of PIMCO Commodity Strategy Active ETF by 11.5% during the first quarter. Apollon Wealth Management LLC now owns 1,718,449 shares of the company’s stock valued at $55,454,000 after buying an additional 177,163 shares during the last quarter. Fidelity D & D Bancorp Inc. increased its position in shares of PIMCO Commodity Strategy Active ETF by 18.4% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 270,012 shares of the company’s stock valued at $8,713,000 after acquiring an additional 41,872 shares during the period. Stonebridge Financial Group LLC acquired a new position in shares of PIMCO Commodity Strategy Active ETF in the 2nd quarter valued at $1,119,000. Finally, Apollon Financial LLC increased its position in shares of PIMCO Commodity Strategy Active ETF by 12.5% in the 1st quarter. Apollon Financial LLC now owns 135,356 shares of the company’s stock valued at $4,368,000 after acquiring an additional 15,004 shares during the period.

PIMCO Commodity Strategy Active ETF Price Performance

Shares of CMDT stock traded down $0.42 during trading hours on Monday, reaching $34.89. 37,269 shares of the company’s stock were exchanged, compared to its average volume of 113,713. PIMCO Commodity Strategy Active ETF has a 1 year low of $26.98 and a 1 year high of $36.86. The stock’s fifty day moving average price is $33.99 and its two-hundred day moving average price is $33.08.

PIMCO Commodity Strategy Active ETF Company Profile

The PIMCO Commodity Strategy Active ETF (CMDT) seeks total return which exceeds that of its benchmark, consistent with prudent investment management.