PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Significant Increase in Short Interest

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 179,600 shares, an increase of 297.3% from the August 31st total of 45,200 shares. Based on an average daily volume of 69,700 shares, the short-interest ratio is presently 2.6 days. Based on an average daily volume of 69,700 shares, the short-interest ratio is presently 2.6 days.

Institutional Trading of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 1,582.9% during the 1st quarter. Jones Financial Companies Lllp now owns 85,220 shares of the company’s stock worth $4,385,000 after acquiring an additional 80,156 shares during the period. Atlas Capital Advisors Inc. grew its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 13.2% during the first quarter. Atlas Capital Advisors Inc. now owns 4,300 shares of the company’s stock worth $236,000 after purchasing an additional 500 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter worth approximately $73,000. 39.71% of the stock is owned by institutional investors and hedge funds.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Down 0.2%

NYSEARCA:LTPZ opened at $53.15 on Friday. The stock’s 50 day moving average price is $52.49 and its two-hundred day moving average price is $52.15. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a twelve month low of $49.04 and a twelve month high of $56.85.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Company Profile

PIMCO 15+ Year US TIPS Index ETF (the Fund), formerly PIMCO 15+ Year U.S. TIPS Index Fund, is an exchange-traded fund. The investment objective of the Fund is provide total return that closely corresponds to the total return of The BofA Merrill Lynch 15+ Year US Inflation-Linked Treasury Index (the Underlying Index).