PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Up 59.9% in December

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 10,608 shares, an increase of 59.9% from the December 15th total of 6,635 shares. Based on an average daily volume of 117,736 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 117,736 shares, the short-interest ratio is presently 0.1 days.

PIMCO Low Duration Exchange-Traded Fund Stock Performance

Shares of LDUR stock traded down $0.03 during trading on Friday, hitting $96.08. 78,270 shares of the company were exchanged, compared to its average volume of 43,352. The business’s 50-day simple moving average is $96.05 and its 200 day simple moving average is $95.93. PIMCO Low Duration Exchange-Traded Fund has a twelve month low of $94.57 and a twelve month high of $96.93.

Institutional Trading of PIMCO Low Duration Exchange-Traded Fund

Several large investors have recently made changes to their positions in LDUR. CWM LLC grew its stake in PIMCO Low Duration Exchange-Traded Fund by 6.6% during the third quarter. CWM LLC now owns 923,898 shares of the company’s stock worth $88,828,000 after buying an additional 56,803 shares during the last quarter. Advocacy Wealth Management LLC raised its position in PIMCO Low Duration Exchange-Traded Fund by 102.6% in the 3rd quarter. Advocacy Wealth Management LLC now owns 891,551 shares of the company’s stock valued at $85,718,000 after purchasing an additional 451,566 shares during the last quarter. Advocacy Wealth Management Services LLC boosted its stake in PIMCO Low Duration Exchange-Traded Fund by 7.4% in the second quarter. Advocacy Wealth Management Services LLC now owns 439,985 shares of the company’s stock worth $42,164,000 after purchasing an additional 30,297 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 6.6% during the third quarter. Bank of America Corp DE now owns 383,888 shares of the company’s stock worth $36,909,000 after purchasing an additional 23,820 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of PIMCO Low Duration Exchange-Traded Fund by 7.0% in the third quarter. JPMorgan Chase & Co. now owns 268,361 shares of the company’s stock valued at $25,802,000 after buying an additional 17,489 shares in the last quarter.

About PIMCO Low Duration Exchange-Traded Fund

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.