PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Sees Large Growth in Short Interest

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,700 shares, a growth of 51.6% from the August 15th total of 3,100 shares. Based on an average daily volume of 38,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 38,600 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Wealthcare Advisory Partners LLC raised its position in PIMCO Low Duration Exchange-Traded Fund by 1.4% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 7,750 shares of the company’s stock valued at $744,000 after purchasing an additional 109 shares during the last quarter. Diversified Trust Co raised its position in PIMCO Low Duration Exchange-Traded Fund by 3.8% during the 2nd quarter. Diversified Trust Co now owns 3,266 shares of the company’s stock worth $313,000 after buying an additional 121 shares during the last quarter. Halbert Hargrove Global Advisors LLC raised its position in PIMCO Low Duration Exchange-Traded Fund by 2.0% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 6,223 shares of the company’s stock worth $597,000 after buying an additional 122 shares during the last quarter. Capital Asset Advisory Services LLC raised its position in PIMCO Low Duration Exchange-Traded Fund by 4.1% during the 1st quarter. Capital Asset Advisory Services LLC now owns 3,507 shares of the company’s stock worth $335,000 after buying an additional 137 shares during the last quarter. Finally, Stephens Inc. AR raised its position in PIMCO Low Duration Exchange-Traded Fund by 2.5% during the 1st quarter. Stephens Inc. AR now owns 6,277 shares of the company’s stock worth $602,000 after buying an additional 152 shares during the last quarter.

PIMCO Low Duration Exchange-Traded Fund Stock Performance

Shares of LDUR stock opened at $96.15 on Thursday. The company has a 50 day moving average price of $95.78 and a 200 day moving average price of $95.60. PIMCO Low Duration Exchange-Traded Fund has a fifty-two week low of $94.57 and a fifty-two week high of $96.93.

PIMCO Low Duration Exchange-Traded Fund Company Profile

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed broad-market, investment-grade bond fund with target duration between 1-3 years. LDUR was launched on Jan 22, 2014 and is managed by PIMCO.