PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDT) Sees Significant Decrease in Short Interest

PIMCO Commodity Strategy Active ETF (NYSEARCA:CMDTGet Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 66,200 shares, a decrease of 52.3% from the March 15th total of 138,871 shares. Based on an average daily volume of 171,570 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s shares are short sold.

PIMCO Commodity Strategy Active ETF Stock Up 0.5%

Shares of PIMCO Commodity Strategy Active ETF stock opened at $32.24 on Friday. The business’s fifty day simple moving average is $30.67 and its 200-day simple moving average is $28.80. PIMCO Commodity Strategy Active ETF has a 52 week low of $24.87 and a 52 week high of $33.93.

Institutional Trading of PIMCO Commodity Strategy Active ETF

Several hedge funds have recently modified their holdings of CMDT. Quest 10 Wealth Builders Inc. purchased a new stake in shares of PIMCO Commodity Strategy Active ETF in the third quarter valued at approximately $26,000. Harbour Investments Inc. boosted its stake in shares of PIMCO Commodity Strategy Active ETF by 213.4% in the fourth quarter. Harbour Investments Inc. now owns 1,423 shares of the company’s stock valued at $39,000 after buying an additional 969 shares in the last quarter. Comerica Bank purchased a new stake in shares of PIMCO Commodity Strategy Active ETF in the third quarter valued at approximately $53,000. Farther Finance Advisors LLC boosted its stake in shares of PIMCO Commodity Strategy Active ETF by 359.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,392 shares of the company’s stock valued at $66,000 after buying an additional 1,871 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of PIMCO Commodity Strategy Active ETF in the fourth quarter valued at approximately $91,000.

PIMCO Commodity Strategy Active ETF Company Profile

(Get Free Report)

The PIMCO Commodity Strategy Active ETF (CMDT) seeks total return which exceeds that of its benchmark, consistent with prudent investment management.

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