Short Interest in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Drops By 96.9%

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 958 shares, a decline of 96.9% from the June 15th total of 30,657 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 179,088 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

A number of hedge funds have recently modified their holdings of BILZ. NewEdge Advisors LLC acquired a new position in PIMCO Ultra Short Government Active ETF during the first quarter worth about $38,000. Root Financial Partners LLC purchased a new stake in PIMCO Ultra Short Government Active ETF during the 1st quarter valued at about $45,000. Harbor Investment Advisory LLC acquired a new stake in PIMCO Ultra Short Government Active ETF in the 1st quarter valued at about $151,000. Wells Fargo & Company MN acquired a new stake in PIMCO Ultra Short Government Active ETF in the 4th quarter valued at about $207,000. Finally, Triad Wealth Partners LLC purchased a new position in PIMCO Ultra Short Government Active ETF in the 1st quarter worth approximately $226,000.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

Shares of BILZ traded up $0.03 during trading hours on Friday, hitting $100.76. 485,161 shares of the stock were exchanged, compared to its average volume of 265,088. The stock’s 50-day moving average price is $100.80 and its two-hundred day moving average price is $100.84. PIMCO Ultra Short Government Active ETF has a 12-month low of $100.63 and a 12-month high of $101.25.

PIMCO Ultra Short Government Active ETF Company Profile

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.