PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Update

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,635 shares, an increase of 89.1% from the November 30th total of 3,508 shares. Based on an average trading volume of 127,234 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 127,234 shares, the short-interest ratio is currently 0.1 days.

PIMCO Low Duration Exchange-Traded Fund Price Performance

Shares of LDUR traded up $0.10 during mid-day trading on Monday, hitting $96.37. 44,295 shares of the company traded hands, compared to its average volume of 52,297. The business has a 50-day moving average of $96.05 and a 200 day moving average of $95.88. PIMCO Low Duration Exchange-Traded Fund has a one year low of $94.57 and a one year high of $96.93.

Institutional Investors Weigh In On PIMCO Low Duration Exchange-Traded Fund

A number of institutional investors and hedge funds have recently made changes to their positions in LDUR. Advocacy Wealth Management LLC boosted its holdings in PIMCO Low Duration Exchange-Traded Fund by 102.6% in the third quarter. Advocacy Wealth Management LLC now owns 891,551 shares of the company’s stock valued at $85,718,000 after acquiring an additional 451,566 shares during the last quarter. Beacon Capital Management Inc. acquired a new position in PIMCO Low Duration Exchange-Traded Fund during the 3rd quarter valued at about $24,549,000. Astor Investment Management LLC lifted its position in PIMCO Low Duration Exchange-Traded Fund by 150.6% during the 2nd quarter. Astor Investment Management LLC now owns 185,159 shares of the company’s stock valued at $17,744,000 after purchasing an additional 111,260 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 92.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 213,441 shares of the company’s stock valued at $20,454,000 after purchasing an additional 102,555 shares during the last quarter. Finally, Gateway Wealth Partners LLC acquired a new stake in shares of PIMCO Low Duration Exchange-Traded Fund during the 3rd quarter worth approximately $7,626,000.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.