PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Sees Significant Increase in Short Interest

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 70,496 shares, an increase of 272.0% from the July 30th total of 18,950 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 114,440 shares, the short-interest ratio is presently 0.6 days.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Trading Down 0.0%

Shares of MINO stock traded down $0.02 during mid-day trading on Friday, hitting $44.70. 40,958 shares of the stock were exchanged, compared to its average volume of 101,766. The firm has a fifty day moving average of $45.17 and a 200 day moving average of $45.36. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 52-week low of $43.94 and a 52-week high of $46.19.

Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

A number of hedge funds have recently bought and sold shares of MINO. Cary Street Partners Financial LLC increased its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 1.8% in the fourth quarter. Cary Street Partners Financial LLC now owns 165,297 shares of the company’s stock valued at $7,491,000 after buying an additional 2,894 shares in the last quarter. Waterway Wealth Management LLC grew its stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 71.1% in the 1st quarter. Waterway Wealth Management LLC now owns 91,438 shares of the company’s stock valued at $4,130,000 after acquiring an additional 37,990 shares during the period. Sterling Investment Advisors Ltd. grew its stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 58.2% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 58,540 shares of the company’s stock valued at $2,644,000 after acquiring an additional 21,525 shares during the period. Ascentis Independent Advisors increased its holdings in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 271.3% in the 1st quarter. Ascentis Independent Advisors now owns 43,499 shares of the company’s stock worth $1,965,000 after acquiring an additional 31,783 shares in the last quarter. Finally, Wayfinding Financial LLC acquired a new position in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the fourth quarter worth $1,882,000.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Company Profile

The PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily holds investment grade and high yield US municipal bonds across varying maturities. MINO was launched on Sep 8, 2021 and is managed by PIMCO.