PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Up 941.8% in April

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 126,363 shares, a growth of 941.8% from the April 15th total of 12,129 shares. Based on an average trading volume of 240,485 shares, the short-interest ratio is presently 0.5 days. Currently, 1.5% of the company’s stock are sold short.

PIMCO Ultra Short Government Active ETF Price Performance

Shares of PIMCO Ultra Short Government Active ETF stock opened at $100.76 on Tuesday. PIMCO Ultra Short Government Active ETF has a 52 week low of $100.67 and a 52 week high of $101.27. The stock has a 50 day moving average price of $100.82 and a two-hundred day moving average price of $100.88.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. FSR Wealth Management Ltd. lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 34.8% in the third quarter. FSR Wealth Management Ltd. now owns 43,828 shares of the company’s stock valued at $4,435,000 after purchasing an additional 11,307 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 45.2% in the third quarter. Captrust Financial Advisors now owns 637,108 shares of the company’s stock valued at $64,469,000 after purchasing an additional 198,265 shares in the last quarter. Authentikos Wealth Advisory LLC lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 24.8% in the third quarter. Authentikos Wealth Advisory LLC now owns 73,313 shares of the company’s stock valued at $7,419,000 after purchasing an additional 14,590 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 48.5% in the third quarter. Allianz Asset Management GmbH now owns 803,924 shares of the company’s stock valued at $81,349,000 after purchasing an additional 262,404 shares in the last quarter. Finally, Boomfish Wealth Group LLC bought a new position in shares of PIMCO Ultra Short Government Active ETF in the fourth quarter valued at approximately $1,497,000.

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.