PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Up 59.9% in December

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 10,608 shares, a growth of 59.9% from the December 15th total of 6,635 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 117,736 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 117,736 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On PIMCO Low Duration Exchange-Traded Fund

A number of hedge funds have recently modified their holdings of the company. Axxcess Wealth Management LLC raised its stake in PIMCO Low Duration Exchange-Traded Fund by 1.1% during the third quarter. Axxcess Wealth Management LLC now owns 10,025 shares of the company’s stock worth $964,000 after purchasing an additional 110 shares during the period. Diversified Trust Co increased its holdings in shares of 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. Capital Asset Advisory Services LLC raised its position in shares of PIMCO Low Duration Exchange-Traded Fund by 4.5% during the 4th quarter. Capital Asset Advisory Services LLC now owns 3,837 shares of the company’s stock valued at $368,000 after buying an additional 166 shares during the period. Krilogy Financial LLC lifted its holdings in PIMCO Low Duration Exchange-Traded Fund by 1.7% in the third quarter. Krilogy Financial LLC now owns 11,626 shares of the company’s stock valued at $1,113,000 after acquiring an additional 195 shares during the last quarter. Finally, Treasure Coast Financial Planning lifted its holdings in PIMCO Low Duration Exchange-Traded Fund by 0.5% in the third quarter. Treasure Coast Financial Planning now owns 41,693 shares of the company’s stock valued at $4,009,000 after acquiring an additional 207 shares during the last quarter.

PIMCO Low Duration Exchange-Traded Fund Stock Down 0.0%

NYSEARCA:LDUR opened at $96.08 on Friday. PIMCO Low Duration Exchange-Traded Fund has a one year low of $94.57 and a one year high of $96.93. The stock has a 50 day moving average price of $96.05 and a 200 day moving average price of $95.93.

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.