PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) Short Interest Update

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (NYSEARCA:CORP) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 961 shares, a drop of 90.3% from the August 15th total of 9,913 shares. Based on an average trading volume of 296,238 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Keystone Financial Group grew its stake in shares of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 4.6% in the third quarter. Keystone Financial Group now owns 2,906 shares of the company’s stock valued at $287,000 after buying an additional 129 shares in the last quarter. Arkadios Wealth Advisors raised its position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 21.0% during the first quarter. Arkadios Wealth Advisors now owns 3,153 shares of the company’s stock worth $305,000 after acquiring an additional 547 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the fourth quarter worth $54,000. RMG Wealth Management LLC bought a new stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund during the first quarter worth $77,000. Finally, Integrated Wealth Concepts LLC lifted its stake in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund by 3.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 36,706 shares of the company’s stock valued at $3,592,000 after acquiring an additional 1,121 shares during the last quarter.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund Stock Down 0.0%

NYSEARCA CORP traded down $0.02 during trading on Friday, reaching $93.57. 27,047 shares of the stock traded hands, compared to its average volume of 102,675. The stock’s 50-day moving average price is $95.18 and its 200 day moving average price is $96.35. PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund has a fifty-two week low of $93.54 and a fifty-two week high of $99.63.

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.