PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Short Interest Up 97.6% in December

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 32,429 shares, an increase of 97.6% from the November 30th total of 16,411 shares. Based on an average daily trading volume, of 27,587 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 27,587 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $99,000 after buying an additional 1,059 shares in the last quarter. Arkos Global Advisors bought a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter valued at $232,000. KERR FINANCIAL PLANNING Corp bought a new stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund in the third quarter valued at $254,000. Jones Financial Companies Lllp raised its stake in PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 44.6% during the third quarter. Jones Financial Companies Lllp now owns 4,881 shares of the company’s stock worth $264,000 after acquiring an additional 1,505 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 35.3% during the second quarter. TD Private Client Wealth LLC now owns 15,708 shares of the company’s stock valued at $845,000 after acquiring an additional 4,096 shares during the period. 75.17% of the stock is currently owned by institutional investors.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Price Performance

Shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund stock traded up $0.03 during trading on Friday, hitting $53.79. 17,943 shares of the company’s stock traded hands, compared to its average volume of 52,443. The firm’s fifty day moving average price is $53.91 and its 200 day moving average price is $53.95. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a twelve month low of $52.21 and a twelve month high of $54.48.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of the United States Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than five years.