PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Sees Significant Decrease in Short Interest

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 2,285 shares, a decline of 99.5% from the October 15th total of 430,957 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 232,746 shares, the days-to-cover ratio is presently 0.0 days.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

Shares of BILZ stock traded up $0.01 on Thursday, hitting $100.73. The company’s stock had a trading volume of 81,542 shares, compared to its average volume of 240,180. PIMCO Ultra Short Government Active ETF has a fifty-two week low of $100.60 and a fifty-two week high of $101.08. The firm’s fifty day moving average price is $100.77 and its 200-day moving average price is $100.81.

Hedge Funds Weigh In On PIMCO Ultra Short Government Active ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. POM Investment Strategies LLC raised its stake in PIMCO Ultra Short Government Active ETF by 154.1% during the 2nd 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 period. SMART Wealth LLC grew its position in PIMCO Ultra Short Government Active ETF by 88.4% in the second quarter. SMART Wealth LLC now owns 287,474 shares of the company’s stock valued at $29,015,000 after purchasing an additional 134,910 shares in the last quarter. Mid American Wealth Advisory Group Inc. grew its holdings in shares of PIMCO Ultra Short Government Active ETF by 38.6% in the 2nd quarter. Mid American Wealth Advisory Group Inc. now owns 177,678 shares of the company’s stock valued at $17,933,000 after acquiring an additional 49,456 shares in the last quarter. Walled Lake Planning & Wealth Management LLC raised its holdings in PIMCO Ultra Short Government Active ETF by 3.3% during the third quarter. Walled Lake Planning & Wealth Management LLC now owns 293,842 shares of the company’s stock worth $29,652,000 after acquiring an additional 9,253 shares in the last quarter. Finally, FreeGulliver LLC raised its holdings in PIMCO Ultra Short Government Active ETF by 161.3% during the first quarter. FreeGulliver LLC now owns 12,959 shares of the company’s stock worth $1,308,000 after acquiring an additional 8,000 shares in the last quarter.

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.