Short Interest in PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Grows By 268.8%

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDURGet Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 29,236 shares, an increase of 268.8% from the July 15th total of 7,927 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 57,636 shares, the short-interest ratio is presently 0.5 days.

PIMCO Low Duration Exchange-Traded Fund Trading Down 0.0%

LDUR stock opened at $95.22 on Thursday. PIMCO Low Duration Exchange-Traded Fund has a fifty-two week low of $95.05 and a fifty-two week high of $96.60. The business’s 50 day moving average price is $95.33 and its two-hundred day moving average price is $95.61.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Compass Financial Management LLC bought a new stake in PIMCO Low Duration Exchange-Traded Fund in the 2nd quarter worth about $499,000. Sound Financial Strategies Group LLC bought a new position in PIMCO Low Duration Exchange-Traded Fund during the 2nd quarter valued at about $6,080,000. RHS Financial LLC bought a new position in PIMCO Low Duration Exchange-Traded Fund during the 2nd quarter valued at about $130,000. Thayer Financial L.L.C. boosted its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 2.6% during the 2nd quarter. Thayer Financial L.L.C. now owns 4,470 shares of the company’s stock valued at $427,000 after acquiring an additional 112 shares during the last quarter. Finally, Williams & Novak LLC purchased a new stake in shares of PIMCO Low Duration Exchange-Traded Fund during the 2nd quarter valued at about $222,000.

About PIMCO Low Duration Exchange-Traded Fund

(Get Free Report)

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.

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