PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Stock Short Interest Report for October

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 25,635 shares, an increase of 318.9% from the October 15th total of 6,119 shares. Based on an average daily trading volume, of 93,846 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Performance

CORP opened at $92.94 on Thursday. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a 12 month low of $91.07 and a 12 month high of $99.24. The business has a 50-day moving average of $92.94 and a two-hundred day moving average of $95.76.

Institutional Investors Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Several hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 43.6% in the third quarter. Farther Finance Advisors LLC now owns 19,135 shares of the company’s stock valued at $1,757,000 after purchasing an additional 5,806 shares during the period. Evensky & Katz LLC acquired a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the third quarter worth approximately $326,000. Bank of New York Mellon Corp increased its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 38.9% during the first quarter. Bank of New York Mellon Corp now owns 11,411 shares of the company’s stock worth $1,105,000 after purchasing an additional 3,198 shares during the last quarter. Harbour Investments Inc. acquired a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the third quarter worth approximately $131,000. Finally, RMG Wealth Management LLC acquired a new position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter worth approximately $77,000.

About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated investment-grade corporate bonds. CORP was launched on Sep 20, 2010 and is managed by PIMCO.