PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Up 1,182.2% in July

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 12,283 shares, an increase of 1,182.2% from the June 30th total of 958 shares. Based on an average daily volume of 204,291 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

A number of institutional investors have recently modified their holdings of the stock. Allianz Asset Management GmbH increased its holdings in shares of PIMCO Ultra Short Government Active ETF by 15.5% during the fourth quarter. Allianz Asset Management GmbH now owns 928,825 shares of the company’s stock valued at $93,593,000 after acquiring an additional 124,901 shares in the last quarter. Captrust Financial Advisors grew its position in PIMCO Ultra Short Government Active ETF by 12.3% during the 4th quarter. Captrust Financial Advisors now owns 715,422 shares of the company’s stock valued at $72,089,000 after purchasing an additional 78,314 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its position in PIMCO Ultra Short Government Active ETF by 9.4% during the 1st quarter. Summit Financial Wealth Advisors LLC now owns 302,867 shares of the company’s stock valued at $30,580,000 after purchasing an additional 26,045 shares during the last quarter. Walled Lake Planning & Wealth Management LLC increased its stake in PIMCO Ultra Short Government Active ETF by 5.7% during the 1st quarter. Walled Lake Planning & Wealth Management LLC now owns 279,132 shares of the company’s stock valued at $28,184,000 after purchasing an additional 14,979 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in PIMCO Ultra Short Government Active ETF by 78.7% during the 1st quarter. Parallel Advisors LLC now owns 240,238 shares of the company’s stock valued at $24,257,000 after purchasing an additional 105,824 shares in the last quarter.

PIMCO Ultra Short Government Active ETF Stock Performance

Shares of PIMCO Ultra Short Government Active ETF stock traded up $0.03 during midday trading on Friday, hitting $100.88. The company had a trading volume of 170,563 shares, compared to its average volume of 259,761. PIMCO Ultra Short Government Active ETF has a 52-week low of $100.63 and a 52-week high of $101.25. The company has a 50 day moving average of $100.80 and a 200 day moving average of $100.83.

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.