PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO - Get Free Report) 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
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 5,232 | $236,346 | $237,532.8 | $1,186.8 | 0.5% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 4,982 | $224,456.89 | $226,481.72 | $2,024.83 | 0.9% |
Asio Capital Asio Capital LLC | 198,403 | $8.84M | $8.99M | $145,668.01 | 1.65% |
PAX Financial Group PAX Financial Group LLC | 49,386 | $2.25M | $2.25M | -$781.65 | -0.03% |
| DW Drew Waldron Canvas Wealth Advisors LLC | 44,845 | $2.03M | $2.04M | $9,641.67 | 0.48% |
| ARCA Exchange | US Country |
The fund is focused on providing investors with income that is exempt from federal income taxes by investing predominantly in debt securities. These are primarily municipal bonds whose interest income is considered tax-free at the federal level, according to bond counsel at the time of issuance. The fund is designed to cater to investors looking for tax-efficient income opportunities, with a strategy that involves maintaining a portfolio whose average duration varies within a range closely aligned with that of the Bloomberg Municipal Bond Index. This approach provides a balanced mix of risk and potential return, tailored to the needs of conservative investors who prioritize tax advantages and relatively stable returns over higher-risk investments.