PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Down 27.8% in December

by · The Cerbat Gem

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT – Get Free Report) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 113,261 shares, a drop of 27.8% from the November 30th total of 156,908 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,345,066 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 1,345,066 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several large investors have recently bought and sold shares of MINT. JPMorgan Chase & Co. lifted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 10.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 31,246,850 shares of the company’s stock worth $3,146,245,000 after buying an additional 2,959,588 shares during the last quarter. Hollencrest Capital Management boosted its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 25,423.5% in the 3rd quarter. Hollencrest Capital Management now owns 333,337 shares of the company’s stock valued at $33,564,000 after buying an additional 332,031 shares in the last quarter. Goodman Advisory Group LLC purchased a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the 2nd quarter valued at $13,998,000. NewEdge Advisors LLC raised its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 69.2% during the 3rd quarter. NewEdge Advisors LLC now owns 336,359 shares of the company’s stock worth $33,868,000 after acquiring an additional 137,554 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 131.6% in the second quarter. BNP Paribas Financial Markets now owns 165,922 shares of the company’s stock valued at $16,681,000 after acquiring an additional 94,279 shares in the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

MINT stock traded down $0.32 during mid-day trading on Wednesday, reaching $100.34. The company had a trading volume of 1,321,539 shares, compared to its average volume of 1,373,604. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a fifty-two week low of $100.04 and a fifty-two week high of $100.76. The firm has a fifty day simple moving average of $100.50 and a 200 day simple moving average of $100.47.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.36 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, December 31st.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

(Get Free Report)

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.

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