PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) Sees Significant Growth in Short Interest

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 33,744 shares, an increase of 83.0% from the February 12th total of 18,440 shares. Based on an average trading volume of 83,656 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 83,656 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On PIMCO Municipal Income Opportunities Active Exchange-Traded Fund

A number of hedge funds have recently modified their holdings of the stock. Cary Street Partners Financial LLC acquired a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the 2nd quarter valued at $7,058,000. Seven Mile Advisory purchased a new stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the third quarter valued at about $3,635,000. Wayfinding Financial LLC purchased a new stake in PIMCO Municipal Income Opportunities Active Exchange-Traded Fund during the fourth quarter valued at about $1,882,000. ORG Partners LLC acquired a new position in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund in the third quarter worth about $990,000. Finally, Sterling Investment Advisors Ltd. boosted its holdings in shares of PIMCO Municipal Income Opportunities Active Exchange-Traded Fund by 84.2% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 37,015 shares of the company’s stock worth $1,678,000 after buying an additional 16,915 shares during the period.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Stock Performance

Shares of NYSEARCA:MINO opened at $45.40 on Friday. PIMCO Municipal Income Opportunities Active Exchange-Traded Fund has a 1-year low of $42.30 and a 1-year high of $46.19. The company has a 50 day moving average price of $45.69 and a 200 day moving average price of $45.44.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%.

PIMCO Municipal Income Opportunities Active Exchange-Traded Fund Company Profile

The PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily holds investment grade and high yield US municipal bonds across varying maturities. MINO was launched on Sep 8, 2021 and is managed by PIMCO.