Short Sellers Finally Realize Betting Against Cash-Adjacent ETF Is Just Lighting Money on Fire Slowly
- Who
- PIMCO Enhanced Short Maturity ETF (MINT) short sellers
- What
- Covered 68.5% of short positions in two weeks after discovering the fund holds things that mature
- When
- August 2026
- Where
- NYSEARCA
Short interest in the PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) fell to 137,856 shares as of August 14, a 68.5% decline from the July 30 total of 437,695 shares. The fund's average daily trading volume stands at 1,511,387 shares. MINT invests in short-duration fixed income securities with a target portfolio duration of less than one year.
Our analysts note that shorting a fund designed to behave like a money-market account with a ticker symbol requires a special conviction that interest rates will spike, the Fed will panic, and the laws of compounding will take a sabbatical.
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