PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) Sees Significant Increase in Short Interest

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:STPZ) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 52,400 shares, an increase of 61.2% from the September 30th total of 32,500 shares. Based on an average daily volume of 39,500 shares, the short-interest ratio is presently 1.3 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 39,500 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

A number of institutional investors have recently made changes to their positions in the stock. Arbor Investment Advisors LLC increased its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 1.5% during the second quarter. Arbor Investment Advisors LLC now owns 89,286 shares of the company’s stock valued at $4,804,000 after acquiring an additional 1,280 shares during the last quarter. Captrust Financial Advisors increased its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 146.8% during the second quarter. Captrust Financial Advisors now owns 47,898 shares of the company’s stock valued at $2,577,000 after acquiring an additional 28,493 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund during the second quarter valued at about $1,417,000. TD Private Client Wealth LLC increased its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 10.9% during the third quarter. TD Private Client Wealth LLC now owns 17,426 shares of the company’s stock valued at $944,000 after acquiring an additional 1,718 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund by 134.4% during the second quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $99,000 after acquiring an additional 1,059 shares during the last quarter. 75.17% of the stock is currently owned by institutional investors and hedge funds.

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Trading Down 0.4%

Shares of STPZ opened at $53.88 on Tuesday. PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund has a 1-year low of $52.12 and a 1-year high of $54.48. The firm has a 50-day simple moving average of $54.22 and a two-hundred day simple moving average of $53.89.

About PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

PIMCO 1-5 Year US TIPS Index ETF, formerly Pimco 1-5 Year U.S. TIPS Index Fund, is an exchange traded fund (ETF) designed to capture the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index.