Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Rises By 863.7%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 766,293 shares, an increase of 863.7% from the April 15th total of 79,512 shares. Based on an average trading volume of 1,501,761 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the shares of the company are sold short.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Performance

MINT opened at $100.53 on Thursday. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 12 month low of $100.15 and a 12 month high of $100.72. The stock’s 50 day moving average price is $100.50 and its 200 day moving average price is $100.51.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 74.7% during the 1st quarter. Root Financial Partners LLC now owns 255 shares of the company’s stock valued at $26,000 after purchasing an additional 109 shares in the last quarter. Aventura Private Wealth LLC bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter valued at $45,000. Parallel Advisors LLC boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 42.0% during the 4th quarter. Parallel Advisors LLC now owns 561 shares of the company’s stock valued at $56,000 after purchasing an additional 166 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 4th quarter valued at $66,000. Finally, Washington Trust Advisors Inc. boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% during the 3rd quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock valued at $99,000 after purchasing an additional 100 shares in the last quarter.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.