PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Up 201.9% in May

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 92,812 shares, a growth of 201.9% from the April 30th total of 30,740 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 87,483 shares, the short-interest ratio is currently 1.1 days.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Up 0.0%

LTPZ traded up $0.02 on Friday, hitting $51.48. 47,610 shares of the company traded hands, compared to its average volume of 89,818. The company has a 50 day moving average of $51.27 and a 200-day moving average of $52.05. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 12-month low of $49.66 and a 12-month high of $54.87.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Greenline Partners LLC raised its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock valued at $1,566,000 after acquiring an additional 2,190 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 4th quarter valued at approximately $235,000. WFA of San Diego LLC raised its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 142.9% during the 4th quarter. WFA of San Diego LLC now owns 680 shares of the company’s stock valued at $35,000 after acquiring an additional 400 shares during the last quarter. Essential Partners LLC raised its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 5.1% during the 1st quarter. Essential Partners LLC now owns 7,584 shares of the company’s stock valued at $387,000 after acquiring an additional 371 shares during the last quarter. Finally, Torren Management LLC increased its stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 6.9% during the first quarter. Torren Management LLC now owns 56,485 shares of the company’s stock worth $2,882,000 after acquiring an additional 3,633 shares during the period. 39.71% of the stock is owned by hedge funds and other institutional investors.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.