PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA:MUNI) Stock Short Interest Report for September

PIMCO Intermediate Municipal Bond Exchange-Traded Fund (NYSEARCA:MUNI) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 229,069 shares, a growth of 443.9% from the September 15th total of 42,118 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 1,156,206 shares, the short-interest ratio is currently 0.2 days.

PIMCO Intermediate Municipal Bond Exchange-Traded Fund Stock Up 0.4%

MUNI traded up $0.20 on Friday, hitting $49.79. 1,669,263 shares of the company traded hands, compared to its average volume of 464,099. The company has a 50 day moving average of $50.93 and a 200-day moving average of $51.81. PIMCO Intermediate Municipal Bond Exchange-Traded Fund has a 12-month low of $49.28 and a 12-month high of $53.37.

Institutional Investors Weigh In On PIMCO Intermediate Municipal Bond Exchange-Traded Fund

Several large investors have recently modified their holdings of MUNI. Robinswood Financial LLC acquired a new stake in shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund in the 1st quarter worth $80,000. Provenance Wealth Advisors LLC acquired a new position in shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund during the first quarter worth about $156,000. First Community Trust NA acquired a new position in shares of PIMCO Intermediate Municipal Bond Exchange-Traded Fund during the third quarter worth about $182,000. FreeGulliver LLC purchased a new position in PIMCO Intermediate Municipal Bond Exchange-Traded Fund during the first quarter worth about $261,000. Finally, Worth Asset Management LLC purchased a new position in PIMCO Intermediate Municipal Bond Exchange-Traded Fund during the first quarter worth about $311,000.

About PIMCO Intermediate Municipal Bond Exchange-Traded Fund

PIMCO Intermediate Municipal Bond Strategy Fund, formerly, PIMCO Intermediate Municipal Bond ETF (the Fund), seeks to achieve its investment objective by investing at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds). Municipal Bonds are issued by or on behalf of states and local governments and their agencies, authorities and other instrumentalities.