PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Down 71.7% in August

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 5,069 shares, a drop of 71.7% from the July 30th total of 17,940 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 226,189 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of PIMCO Ultra Short Government Active ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Captrust Financial Advisors grew its stake in shares of PIMCO Ultra Short Government Active ETF by 67.7% in the second quarter. Captrust Financial Advisors now owns 438,843 shares of the company’s stock worth $44,411,000 after purchasing an additional 177,153 shares during the last quarter. SMART Wealth LLC raised its position in PIMCO Ultra Short Government Active ETF by 88.4% during the 2nd quarter. SMART Wealth LLC now owns 287,474 shares of the company’s stock worth $29,015,000 after purchasing an additional 134,910 shares during the last quarter. Allianz Asset Management GmbH raised its position in PIMCO Ultra Short Government Active ETF by 15.5% during the 4th quarter. Allianz Asset Management GmbH now owns 928,825 shares of the company’s stock worth $93,593,000 after purchasing an additional 124,901 shares during the last quarter. Parallel Advisors LLC lifted its holdings 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 worth $24,257,000 after buying an additional 105,824 shares during the period. Finally, Jane Street Group LLC lifted its holdings in PIMCO Ultra Short Government Active ETF by 1,857.8% during the 2nd quarter. Jane Street Group LLC now owns 65,645 shares of the company’s stock worth $6,643,000 after buying an additional 62,292 shares during the period.

PIMCO Ultra Short Government Active ETF Price Performance

BILZ traded up $0.01 on Thursday, reaching $100.91. The stock had a trading volume of 119,137 shares, compared to its average volume of 248,215. PIMCO Ultra Short Government Active ETF has a fifty-two week low of $100.63 and a fifty-two week high of $101.25. The firm has a 50-day moving average of $100.81 and a 200-day moving average of $100.82.

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.