PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) Short Interest Up 45.1% in December

PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 16,794 shares, a growth of 45.1% from the December 15th total of 11,574 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 5,437 shares, the days-to-cover ratio is presently 3.1 days. Based on an average trading volume of 5,437 shares, the days-to-cover ratio is presently 3.1 days. Approximately 0.8% of the shares of the company are sold short.

PIMCO Enhanced Short Maturity Active ESG ETF Stock Performance

NYSEARCA EMNT opened at $98.77 on Friday. PIMCO Enhanced Short Maturity Active ESG ETF has a one year low of $98.03 and a one year high of $98.91. The firm’s fifty day moving average is $98.69 and its two-hundred day moving average is $98.67.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Active ESG ETF

A hedge fund recently raised its stake in PIMCO Enhanced Short Maturity Active ESG ETF stock. Janney Montgomery Scott LLC grew its holdings in PIMCO Enhanced Short Maturity Active ESG ETF (NYSEARCA:EMNT) by 69.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,292 shares of the company’s stock after acquiring an additional 2,583 shares during the quarter. Janney Montgomery Scott LLC owned 0.32% of PIMCO Enhanced Short Maturity Active ESG ETF worth $621,000 as of its most recent filing with the Securities and Exchange Commission.

PIMCO Enhanced Short Maturity Active ESG ETF Company Profile

The PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks greater income and total return potential than money market funds by investing in short-term debt securities with an ESG screen. EMNT was launched on Dec 10, 2019 and is managed by PIMCO.