Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Declines By 66.4%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 104,328 shares, a drop of 66.4% from the June 30th total of 310,172 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,931,465 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds have recently modified their holdings of MINT. Integrated Wealth Concepts LLC boosted its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 70.6% during the first quarter. Integrated Wealth Concepts LLC now owns 5,137 shares of the company’s stock worth $517,000 after acquiring an additional 2,126 shares during the last quarter. Baird Financial Group Inc. lifted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 37.2% in the 2nd quarter. Baird Financial Group Inc. now owns 25,424 shares of the company’s stock worth $2,556,000 after purchasing an additional 6,888 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 131.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 165,922 shares of the company’s stock worth $16,681,000 after purchasing an additional 94,279 shares in the last quarter. IHT Wealth Management LLC lifted its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 7.2% in the 2nd quarter. IHT Wealth Management LLC now owns 10,896 shares of the company’s stock worth $1,095,000 after purchasing an additional 734 shares in the last quarter. Finally, Security National Bank of SO Dak bought a new position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the 2nd quarter valued at about $286,000.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Price Performance

NYSEARCA MINT opened at $100.68 on Friday. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 12 month low of $100.27 and a 12 month high of $100.82. The stock’s 50 day moving average is $100.61 and its 200 day moving average is $100.55.

About PIMCO Enhanced Short Maturity Exchange-Traded Fund

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.