Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Rises By 96.2%

by · The Markets Daily

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT – Get Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 271,203 shares, an increase of 96.2% from the May 31st total of 138,193 shares. Based on an average daily volume of 1,471,107 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

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

Several hedge funds have recently bought and sold shares of MINT. Integrated Wealth Concepts LLC boosted its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 70.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,137 shares of the company’s stock valued at $517,000 after purchasing an additional 2,126 shares during the period. Baird Financial Group Inc. increased its holdings in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 37.2% in the second quarter. Baird Financial Group Inc. now owns 25,424 shares of the company’s stock worth $2,556,000 after purchasing an additional 6,888 shares during the period. BNP Paribas Financial Markets raised its position in shares of 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 worth $16,681,000 after buying an additional 94,279 shares in the last quarter. IHT Wealth Management LLC raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 7.2% in the second quarter. IHT Wealth Management LLC now owns 10,896 shares of the company’s stock worth $1,095,000 after buying an additional 734 shares in the last quarter. Finally, Security National Bank of SO Dak bought a new stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter valued at $286,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Down 0.3%

NYSEARCA MINT traded down $0.34 during trading hours on Wednesday, hitting $100.47. The company had a trading volume of 1,683,440 shares, compared to its average volume of 1,562,577. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 52 week low of $100.17 and a 52 week high of $100.82. The firm has a 50 day simple moving average of $100.61 and a 200 day simple moving average of $100.55.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

(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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