PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Stock Short Interest Drops 65.0%

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 400,308 shares, a decline of 65.0% from the September 30th total of 1,142,188 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,497,714 shares, the short-interest ratio is presently 0.3 days.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Performance

NYSEARCA ZROZ traded up $0.42 during trading on Thursday, hitting $58.24. The company’s stock had a trading volume of 339,950 shares, compared to its average volume of 768,425. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 52 week low of $51.97 and a 52 week high of $69.74. The firm has a 50 day moving average price of $57.11 and a 200 day moving average price of $61.61.

Institutional Investors Weigh In On PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Continuum Advisory LLC acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the second quarter valued at approximately $30,000. Legacy Financial Advisors Inc. acquired a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter worth approximately $1,585,000. Oarsman Capital Inc. bought a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 2nd quarter worth approximately $266,000. RPg Family Wealth Advisory LLC bought a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 2nd quarter worth approximately $144,000. Finally, Janney Montgomery Scott LLC grew its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% in the first quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock valued at $2,878,000 after acquiring an additional 1,187 shares during the period.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Company Profile

PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF, formerly PIMCO 25+ Year Zero Coupon U.S. Treasury Index Fund ETF, is an exchange-traded fund. The Fund seeks to provide total return that closely corresponds to the total return of The BofA Merrill Lynch Long US Treasury Principal STRIPS Index (the Index) by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the Index. The Index is an unmanaged index consisting of long-maturity separate trading of registered interest and principal of securities representing the final principal payment of the United States Treasury bonds with at least $1 billion in outstanding face value and a remaining term to final maturity greater than or equal to 25 years.