PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Short Interest Down 69.4% in May

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 102,400 shares, a decline of 69.4% from the May 15th total of 334,600 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 461,100 shares, the days-to-cover ratio is presently 0.2 days.

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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund stock traded down $1.14 during mid-day trading on Friday, hitting $64.98. The company’s stock had a trading volume of 290,118 shares, compared to its average volume of 465,845. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a one year low of $61.00 and a one year high of $87.36. The company has a 50 day moving average of $65.68 and a 200-day moving average of $69.04.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Okabena Investment Services Inc. raised its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 10.6% during the 1st quarter. Okabena Investment Services Inc. now owns 31,977 shares of the company’s stock valued at $2,291,000 after purchasing an additional 3,053 shares in the last quarter. Private Trust Co. NA raised its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 353.4% in the first quarter. Private Trust Co. NA now owns 7,917 shares of the company’s stock valued at $567,000 after acquiring an additional 6,171 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the first quarter worth about $71,000. E Fund Management Hong Kong Co. Ltd. bought a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 1st quarter worth about $368,000. Finally, JPMorgan Chase & Co. increased its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 6.7% during the 4th quarter. JPMorgan Chase & Co. now owns 10,778 shares of the company’s stock valued at $740,000 after purchasing an additional 677 shares during the period.

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

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.