PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Shares Shorted: Short Interest Down 42.1% in September

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 159,735 shares, a decrease of 42.1% from the September 15th total of 275,989 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 809,227 shares, the short-interest ratio is currently 0.2 days.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.2%

Shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund stock traded up $0.10 during trading on Friday, reaching $46.45. The company’s stock had a trading volume of 466,717 shares, compared to its average volume of 234,386. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 12-month low of $44.30 and a 12-month high of $54.87. The business has a 50 day moving average price of $46.94 and a 200-day moving average price of $49.20.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ares Financial Consulting LLC boosted its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 19.4% during the 2nd quarter. Ares Financial Consulting LLC now owns 68,277 shares of the company’s stock worth $3,458,000 after purchasing an additional 11,084 shares in the last quarter. Essential Partners LLC raised its stake in shares of 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 buying an additional 371 shares during the last quarter. Finally, Torren Management LLC lifted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% in the first quarter. Torren Management LLC now owns 56,485 shares of the company’s stock valued at $2,882,000 after purchasing an additional 3,633 shares in the last quarter. Institutional investors and hedge funds own 39.71% of the company’s stock.

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

(Get Free Report)

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.

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