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

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 43,964 shares, an increase of 387.0% from the October 15th total of 9,027 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 566,139 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Large investors have recently modified their holdings of the business. Lodestone Wealth Management LLC boosted its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 11.1% in the 3rd quarter. Lodestone Wealth Management LLC now owns 2,633 shares of the company’s stock worth $112,000 after purchasing an additional 264 shares in the last quarter. CoreCap Advisors LLC lifted its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 14.1% in the 3rd quarter. CoreCap Advisors LLC now owns 6,035 shares of the company’s stock worth $257,000 after buying an additional 745 shares during the last quarter. Nemes Rush Group LLC bought a new stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 3rd quarter worth approximately $61,000. Janney Montgomery Scott LLC lifted its position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 21.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 12,235 shares of the company’s stock worth $553,000 after buying an additional 2,159 shares during the last quarter. Finally, Worth Asset Management LLC boosted its stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 25.0% in the third quarter. Worth Asset Management LLC now owns 14,503 shares of the company’s stock worth $618,000 after buying an additional 2,903 shares in the last quarter.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Price Performance

Shares of NYSEARCA MINO traded up $0.07 during mid-day trading on Wednesday, hitting $44.45. The company had a trading volume of 251,815 shares, compared to its average volume of 186,949. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 1 year low of $42.15 and a 1 year high of $46.19. The stock’s 50-day moving average price is $43.46 and its 200-day moving average price is $44.89.

About PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

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.