PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Up 84.8% in August

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 9,366 shares, a growth of 84.8% from the August 15th total of 5,069 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 145,315 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of PIMCO Ultra Short Government Active ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BILZ. Integrated Wealth Concepts LLC lifted its position in shares of PIMCO Ultra Short Government Active ETF by 4.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 20,375 shares of the company’s stock worth $2,056,000 after purchasing an additional 805 shares during the period. NewEdge Advisors LLC increased its position in shares of PIMCO Ultra Short Government Active ETF by 0.4% during the second quarter. NewEdge Advisors LLC now owns 37,742 shares of the company’s stock worth $3,809,000 after buying an additional 164 shares during the period. POM Investment Strategies LLC raised its stake in PIMCO Ultra Short Government Active ETF by 154.1% during the second quarter. POM Investment Strategies LLC now owns 45,501 shares of the company’s stock worth $4,592,000 after buying an additional 27,594 shares during the last quarter. SFG Wealth Management LLC. raised its stake in PIMCO Ultra Short Government Active ETF by 5.5% during the second quarter. SFG Wealth Management LLC. now owns 36,999 shares of the company’s stock worth $3,734,000 after buying an additional 1,919 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. raised its stake in PIMCO Ultra Short Government Active ETF by 38.6% during the second quarter. Mid American Wealth Advisory Group Inc. now owns 177,678 shares of the company’s stock worth $17,933,000 after buying an additional 49,456 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Price Performance

Shares of BILZ stock opened at $100.75 on Wednesday. The stock has a 50-day moving average of $100.79 and a 200-day moving average of $100.81. PIMCO Ultra Short Government Active ETF has a 1-year low of $100.63 and a 1-year high of $101.20.

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.