PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Update

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 23,207 shares, a decrease of 65.6% from the June 30th total of 67,377 shares. Based on an average daily volume of 119,036 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the fourth quarter worth about $29,000. WFA of San Diego LLC boosted its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% in the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 400 shares in the last quarter. IFP Advisors Inc boosted its holdings in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the 3rd quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after purchasing an additional 1,000 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter worth approximately $235,000. Finally, Essential Partners LLC increased its position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% during the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock worth $387,000 after purchasing an additional 371 shares during the period. 39.71% of the stock is currently owned by institutional investors and hedge funds.

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

NYSEARCA:LTPZ traded up $0.06 during midday trading on Monday, reaching $48.35. The stock had a trading volume of 53,819 shares, compared to its average volume of 107,261. The firm has a fifty day simple moving average of $50.17 and a two-hundred day simple moving average of $51.34. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 12-month low of $48.23 and a 12-month high of $54.87.

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.