PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDT – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 71,589 shares, a growth of 175.0% from the April 30th total of 26,034 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 70,901 shares, the days-to-cover ratio is currently 1.0 days.
PIMCO Commodity Strategy Active ETF Stock Performance
PIMCO Commodity Strategy Active ETF stock opened at $33.55 on Monday. PIMCO Commodity Strategy Active ETF has a 12-month low of $25.26 and a 12-month high of $35.06. The firm has a 50-day moving average price of $33.18 and a 200-day moving average price of $30.26.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. increased its stake in PIMCO Commodity Strategy Active ETF by 213.4% in the 4th quarter. Harbour Investments Inc. now owns 1,423 shares of the company’s stock worth $39,000 after buying an additional 969 shares during the period. Comerica Bank purchased a new position in PIMCO Commodity Strategy Active ETF in the 3rd quarter worth about $53,000. Farther Finance Advisors LLC increased its stake in PIMCO Commodity Strategy Active ETF by 359.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,392 shares of the company’s stock worth $66,000 after buying an additional 1,871 shares during the period. Fifth Third Bancorp purchased a new position in PIMCO Commodity Strategy Active ETF in the 1st quarter worth about $72,000. Finally, Lloyd Advisory Services LLC. purchased a new position in PIMCO Commodity Strategy Active ETF in the 4th quarter worth about $91,000.
About PIMCO Commodity Strategy Active ETF
The PIMCO Commodity Strategy Active ETF (CMDT) seeks total return which exceeds that of its benchmark, consistent with prudent investment management.
Featured Articles
- Five stocks we like better than PIMCO Commodity Strategy Active ETF
- SanDisk’s Stock and Short Interest Both at Record Highs —Do the Bears Know Something?
- Alphabet Bets on Hardware With Googlebook and AI Glasses
- Burlington Beat Earnings Estimates, But Not Investor Expectations
- Palantir Stock Faces Technical Pressure Despite Strong AI Growth
Receive News & Ratings for PIMCO Commodity Strategy Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Commodity Strategy Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
