PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Short Interest Down 51.7% in May

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 29,422 shares, a decrease of 51.7% from the May 14th total of 60,874 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 120,824 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

Large investors have recently modified their holdings of the stock. Creative Financial Designs Inc. ADV raised its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 11.6% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,598 shares of the company’s stock valued at $118,000 after purchasing an additional 271 shares during the period. CoreCap Advisors LLC raised its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 241.8% in the fourth quarter. CoreCap Advisors LLC now owns 2,984 shares of the company’s stock valued at $135,000 after purchasing an additional 2,111 shares during the period. Private Trust Co. NA raised its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 17.3% in the fourth quarter. Private Trust Co. NA now owns 4,639 shares of the company’s stock valued at $210,000 after purchasing an additional 685 shares during the period. Betterment LLC bought a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the third quarter valued at about $227,000. Finally, AdvisorNet Financial Inc raised its position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 175.4% in the first quarter. AdvisorNet Financial Inc now owns 6,061 shares of the company’s stock valued at $274,000 after purchasing an additional 3,860 shares during the period.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Price Performance

Shares of MINO traded down $0.02 during trading hours on Friday, hitting $45.46. The company had a trading volume of 274,834 shares, compared to its average volume of 102,115. The business has a fifty day moving average of $45.37 and a 200-day moving average of $45.48. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 12 month low of $43.56 and a 12 month high of $46.19.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Company Profile

The PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily holds investment grade and high yield US municipal bonds across varying maturities. MINO was launched on Sep 8, 2021 and is managed by PIMCO.