PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Short Interest Up 65.6% in January

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 58,822 shares, an increase of 65.6% from the January 15th total of 35,520 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 83,463 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 83,463 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the shares of the company are short sold.

Hedge Funds Weigh In On PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

A number of institutional investors have recently made changes to their positions in the business. Salomon & Ludwin LLC bought a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the 2nd quarter valued at approximately $73,000. Bessemer Group Inc. bought a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 3rd quarter worth approximately $27,000. Greenline Partners LLC lifted its holdings in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% during the third quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock worth $1,566,000 after buying an additional 2,190 shares during the last quarter. IFP Advisors Inc boosted its position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the third quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after acquiring an additional 1,000 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the fourth quarter valued at approximately $29,000. 39.71% of the stock is currently owned by institutional investors.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Trading Up 0.4%

Shares of LTPZ opened at $53.28 on Friday. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a one year low of $49.04 and a one year high of $55.85. The company’s fifty day moving average price is $52.11 and its 200 day moving average price is $52.68.

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). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities (Component Securities) of the Underlying Index.