PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR) Short Interest Update

by · The Markets Daily

PIMCO Low Duration Exchange-Traded Fund (NYSEARCA:LDUR – Get Free Report) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 11,324 shares, a drop of 61.3% from the July 30th total of 29,236 shares. Based on an average daily volume of 191,808 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

PIMCO Low Duration Exchange-Traded Fund Trading Down 0.3%

Shares of LDUR traded down $0.26 during midday trading on Friday, hitting $95.21. 77,409 shares of the company traded hands, compared to its average volume of 80,754. The stock has a 50-day moving average of $95.35 and a 200-day moving average of $95.56. PIMCO Low Duration Exchange-Traded Fund has a one year low of $95.05 and a one year high of $96.60.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Thayer Financial L.L.C. raised its position in shares of PIMCO Low Duration Exchange-Traded Fund by 2.6% in the second quarter. Thayer Financial L.L.C. now owns 4,470 shares of the company’s stock worth $427,000 after buying an additional 112 shares in the last quarter. Compass Financial Group Inc. raised its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 0.9% in the 1st quarter. Compass Financial Group Inc. now owns 12,955 shares of the company’s stock valued at $1,241,000 after acquiring an additional 114 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in shares of PIMCO Low Duration Exchange-Traded Fund by 1.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 10,147 shares of the company’s stock valued at $974,000 after acquiring an additional 122 shares during the last quarter. Patten & Patten Inc. TN grew its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 0.7% during the fourth quarter. Patten & Patten Inc. TN now owns 20,031 shares of the company’s stock worth $1,922,000 after purchasing an additional 145 shares in the last quarter. Finally, PAX Financial Group LLC grew its holdings in shares of PIMCO Low Duration Exchange-Traded Fund by 0.8% during the first quarter. PAX Financial Group LLC now owns 20,009 shares of the company’s stock worth $1,917,000 after purchasing an additional 164 shares in the last quarter.

About PIMCO Low Duration Exchange-Traded Fund

(Get Free Report)

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.

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