PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Sees Large Growth in Short Interest

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 245,648 shares, a growth of 116.9% from the December 15th total of 113,261 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 1,224,490 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 1,224,490 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MINT. Washington Trust Advisors Inc. raised its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 11.4% during the third quarter. Washington Trust Advisors Inc. now owns 980 shares of the company’s stock worth $99,000 after purchasing an additional 100 shares during the period. Titleist Asset Management LLC increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 5.1% during the 3rd quarter. Titleist Asset Management LLC now owns 2,095 shares of the company’s stock worth $211,000 after purchasing an additional 102 shares in the last quarter. White Pine Investment CO increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 2.6% during the 2nd quarter. White Pine Investment CO now owns 4,267 shares of the company’s stock worth $429,000 after purchasing an additional 110 shares in the last quarter. LRI Investments LLC raised its holdings in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 8.7% during the 2nd quarter. LRI Investments LLC now owns 1,623 shares of the company’s stock worth $163,000 after buying an additional 130 shares during the period. Finally, American National Bank & Trust lifted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 77.2% in the third quarter. American National Bank & Trust now owns 459 shares of the company’s stock valued at $46,000 after buying an additional 200 shares in the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Stock Up 0.0%

NYSEARCA MINT traded up $0.04 during trading on Wednesday, reaching $100.50. 1,484,620 shares of the stock traded hands, compared to its average volume of 1,362,511. The stock’s 50-day moving average price is $100.47 and its 200 day moving average price is $100.47. 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.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a $0.36 dividend. The ex-dividend date was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

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.