PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Sees Significant Decrease in Short Interest

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 15,590 shares, a drop of 65.8% from the December 15th total of 45,588 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 179,022 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 179,022 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

A number of large investors have recently added to or reduced their stakes in BILZ. Decker Retirement Planning Inc. raised its holdings in PIMCO Ultra Short Government Active ETF by 128.0% in the 3rd quarter. Decker Retirement Planning Inc. now owns 269 shares of the company’s stock valued at $27,000 after acquiring an additional 151 shares during the period. Transce3nd LLC boosted its holdings in shares of PIMCO Ultra Short Government Active ETF by 238.6% in the 2nd quarter. Transce3nd LLC now owns 430 shares of the company’s stock valued at $44,000 after purchasing an additional 303 shares in the last quarter. CWM LLC grew its position in PIMCO Ultra Short Government Active ETF by 2,145.5% in the second quarter. CWM LLC now owns 494 shares of the company’s stock valued at $50,000 after acquiring an additional 472 shares during the last quarter. Trust Co. of Vermont bought a new position in PIMCO Ultra Short Government Active ETF in the 3rd quarter valued at approximately $58,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of PIMCO Ultra Short Government Active ETF in the 2nd quarter valued at $158,000.

PIMCO Ultra Short Government Active ETF Price Performance

Shares of NYSEARCA:BILZ remained flat at $100.88 during trading on Thursday. The company’s stock had a trading volume of 215,123 shares, compared to its average volume of 232,352. PIMCO Ultra Short Government Active ETF has a 52-week low of $100.73 and a 52-week high of $101.27. The firm has a fifty day simple moving average of $100.90 and a two-hundred day simple moving average of $100.98.

About PIMCO Ultra Short Government Active ETF

The PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in treasury bills and notes, repurchase agreements, and cash collateralized by the US government. Securities selected have a maximum maturity of six months. BILZ was launched on Jun 21, 2023 and is managed by PIMCO.