Short Interest in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Expands By 36.4%

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 22,649 shares, a growth of 36.4% from the November 30th total of 16,610 shares. Based on an average daily trading volume, of 72,143 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 72,143 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of large investors have recently modified their holdings of the stock. Bessemer Group Inc. purchased a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at about $27,000. IFP Advisors Inc lifted its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the third quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock worth $186,000 after buying an additional 1,000 shares during the period. Salomon & Ludwin LLC bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter valued at approximately $73,000. Greenline Partners LLC grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after acquiring an additional 2,190 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 1,582.9% during the 1st quarter. Jones Financial Companies Lllp now owns 85,220 shares of the company’s stock worth $4,385,000 after acquiring an additional 80,156 shares during the period. Institutional investors own 39.71% of the company’s stock.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Performance

LTPZ stock traded down $0.52 on Wednesday, reaching $51.75. The company’s stock had a trading volume of 100,536 shares, compared to its average volume of 95,785. The business has a fifty day simple moving average of $52.90 and a two-hundred day simple moving average of $52.59. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 12-month low of $49.04 and a 12-month high of $55.85.

About PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.