Short Interest in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Drops By 96.9%

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 958 shares, a drop of 96.9% from the June 15th total of 30,657 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 179,088 shares, the short-interest ratio is currently 0.0 days.

PIMCO Ultra Short Government Active ETF Stock Performance

Shares of BILZ stock traded up $0.03 on Friday, hitting $100.76. The company had a trading volume of 485,161 shares, compared to its average volume of 265,088. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.63 and a twelve month high of $101.25. The company has a 50-day moving average price of $100.80 and a 200-day moving average price of $100.84.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

Several hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC purchased a new position in shares of PIMCO Ultra Short Government Active ETF during the 1st quarter valued at approximately $38,000. Root Financial Partners LLC purchased a new stake in PIMCO Ultra Short Government Active ETF during the first quarter worth $45,000. Harbor Investment Advisory LLC purchased a new stake in PIMCO Ultra Short Government Active ETF during the first quarter worth $151,000. Wells Fargo & Company MN acquired a new stake in PIMCO Ultra Short Government Active ETF during the fourth quarter valued at $207,000. Finally, Triad Wealth Partners LLC acquired a new stake in PIMCO Ultra Short Government Active ETF during the first quarter valued at $226,000.

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.