PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Sees Large Drop in Short Interest

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 5,069 shares, a decline of 71.7% from the July 30th total of 17,940 shares. Based on an average trading volume of 226,189 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

BILZ traded up $0.01 during midday trading on Thursday, hitting $100.91. The company had a trading volume of 119,137 shares, compared to its average volume of 248,215. PIMCO Ultra Short Government Active ETF has a 52 week low of $100.63 and a 52 week high of $101.25. The stock’s 50 day moving average price is $100.81 and its 200 day moving average price is $100.82.

Institutional Trading of PIMCO Ultra Short Government Active ETF

Large investors have recently made changes to their positions in the company. Captrust Financial Advisors boosted its holdings in PIMCO Ultra Short Government Active ETF by 67.7% in the second quarter. Captrust Financial Advisors now owns 438,843 shares of the company’s stock worth $44,411,000 after acquiring an additional 177,153 shares in the last quarter. SMART Wealth LLC increased its holdings in shares of PIMCO Ultra Short Government Active ETF by 88.4% during the second quarter. SMART Wealth LLC now owns 287,474 shares of the company’s stock valued at $29,015,000 after acquiring an additional 134,910 shares in the last quarter. Allianz Asset Management GmbH raised its position in shares of PIMCO Ultra Short Government Active ETF by 15.5% during the fourth quarter. Allianz Asset Management GmbH now owns 928,825 shares of the company’s stock worth $93,593,000 after purchasing an additional 124,901 shares during the period. Parallel Advisors LLC raised its position in shares of PIMCO Ultra Short Government Active ETF by 78.7% during the first quarter. Parallel Advisors LLC now owns 240,238 shares of the company’s stock worth $24,257,000 after purchasing an additional 105,824 shares during the period. Finally, Jane Street Group LLC raised its position in shares of PIMCO Ultra Short Government Active ETF by 1,857.8% during the second quarter. Jane Street Group LLC now owns 65,645 shares of the company’s stock worth $6,643,000 after purchasing an additional 62,292 shares during the period.

About PIMCO Ultra Short Government Active ETF

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.