PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Short Interest Down 68.5% in August

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 137,856 shares, a decline of 68.5% from the July 30th total of 437,695 shares. Based on an average trading volume of 1,511,387 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. XP Advisory US Inc. bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter worth approximately $31,000. Compass Financial Management LLC acquired a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund in the second quarter valued at approximately $575,000. Highland Investment Advisors LLC bought a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter worth approximately $52,000. Continuum Advisory LLC bought a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the second quarter worth approximately $648,000. Finally, Birch Capital Management LLC increased its stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 8.0% during the second quarter. Birch Capital Management LLC now owns 14,209 shares of the company’s stock worth $1,432,000 after purchasing an additional 1,058 shares during the period.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

Shares of NYSEARCA:MINT traded up $0.01 on Friday, hitting $100.78. The company had a trading volume of 2,026,683 shares, compared to its average volume of 1,552,031. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 1-year low of $100.28 and a 1-year high of $100.82. The stock has a 50 day moving average price of $100.65 and a 200 day moving average price of $100.58.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.