PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Update

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 4,257 shares, an increase of 55.6% from the November 30th total of 2,735 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 64,735 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 64,735 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CORP. Greykasell Wealth Strategies Inc. purchased a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the 3rd quarter worth about $69,000. Triumph Capital Management bought a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the third quarter worth about $155,000. Duncan Williams Asset Management LLC purchased a new position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in the second quarter worth about $223,000. Cary Street Partners Financial LLC raised its position in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 29.5% in the second quarter. Cary Street Partners Financial LLC now owns 2,780 shares of the company’s stock valued at $271,000 after purchasing an additional 633 shares during the period. Finally, Keystone Financial Group lifted its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 4.6% during the 3rd quarter. Keystone Financial Group now owns 2,906 shares of the company’s stock valued at $287,000 after buying an additional 129 shares in the last quarter.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.1%

NYSEARCA:CORP opened at $98.54 on Wednesday. The firm’s 50 day moving average is $98.44 and its 200 day moving average is $97.89. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 12 month low of $92.45 and a 12 month high of $99.63.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Company Profile

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.