Short Interest in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Rises By 941.8%

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

PIMCO Ultra Short Government Active ETF Stock Performance

BILZ remained flat at $100.78 during midday trading on Wednesday. 167,276 shares of the company’s stock traded hands, compared to its average volume of 275,603. PIMCO Ultra Short Government Active ETF has a 12-month low of $100.67 and a 12-month high of $101.27. The stock’s 50 day simple moving average is $100.82 and its 200 day simple moving average is $100.88.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. FSR Wealth Management Ltd. increased its position in shares of PIMCO Ultra Short Government Active ETF by 34.8% during the third quarter. FSR Wealth Management Ltd. now owns 43,828 shares of the company’s stock worth $4,435,000 after acquiring an additional 11,307 shares in the last quarter. Captrust Financial Advisors increased its position in shares of PIMCO Ultra Short Government Active ETF by 45.2% during the third quarter. Captrust Financial Advisors now owns 637,108 shares of the company’s stock worth $64,469,000 after acquiring an additional 198,265 shares in the last quarter. Authentikos Wealth Advisory LLC increased its position in shares of PIMCO Ultra Short Government Active ETF by 24.8% during the third quarter. Authentikos Wealth Advisory LLC now owns 73,313 shares of the company’s stock worth $7,419,000 after acquiring an additional 14,590 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of PIMCO Ultra Short Government Active ETF by 48.5% during the third quarter. Allianz Asset Management GmbH now owns 803,924 shares of the company’s stock worth $81,349,000 after acquiring an additional 262,404 shares in the last quarter. Finally, Boomfish Wealth Group LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the fourth quarter worth about $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.