PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) Sees Significant Increase in Short Interest

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (NYSEARCA:LTPZ) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 35,520 shares, an increase of 47.1% from the December 31st total of 24,149 shares. Based on an average daily volume of 68,320 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 68,320 shares, the short-interest ratio is presently 0.5 days.

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

A number of institutional investors have recently bought and sold shares of LTPZ. Salomon & Ludwin LLC acquired a new position in shares of PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 2nd quarter valued at about $73,000. Bessemer Group Inc. purchased a new position in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund during the third quarter valued at approximately $27,000. Greenline Partners LLC increased its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 8.0% in the 3rd quarter. Greenline Partners LLC now owns 29,398 shares of the company’s stock valued at $1,566,000 after buying an additional 2,190 shares during the period. IFP Advisors Inc increased its stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund by 40.0% in the 3rd quarter. IFP Advisors Inc now owns 3,500 shares of the company’s stock valued at $186,000 after buying an additional 1,000 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new stake in PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund in the 4th quarter worth approximately $29,000. 39.71% of the stock is currently owned by institutional investors and hedge funds.

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund Stock Performance

LTPZ opened at $51.67 on Friday. The stock has a fifty day moving average of $52.25 and a 200-day moving average of $52.64. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund has a 12-month low of $49.04 and a 12-month high of $55.85.

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.