Short Interest in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Decreases By 74.3%

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 9,636 shares, a decline of 74.3% from the February 26th total of 37,479 shares. Based on an average daily volume of 407,393 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 407,393 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On PIMCO Ultra Short Government Active ETF

A number of hedge funds have recently made changes to their positions in BILZ. Decker Retirement Planning Inc. boosted its position in PIMCO Ultra Short Government Active ETF by 128.0% in the 3rd quarter. Decker Retirement Planning Inc. now owns 269 shares of the company’s stock valued at $27,000 after buying an additional 151 shares during the last quarter. Evolution Wealth Management Inc. increased its position in shares of PIMCO Ultra Short Government Active ETF by 4.9% during the fourth quarter. Evolution Wealth Management Inc. now owns 3,823 shares of the company’s stock worth $385,000 after acquiring an additional 177 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of PIMCO Ultra Short Government Active ETF by 0.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 30,152 shares of the company’s stock worth $3,038,000 after acquiring an additional 179 shares in the last quarter. Southland Equity Partners LLC lifted its stake in shares of PIMCO Ultra Short Government Active ETF by 1.1% in the third quarter. Southland Equity Partners LLC now owns 23,021 shares of the company’s stock worth $2,330,000 after acquiring an additional 245 shares in the last quarter. Finally, Visionary Wealth Advisors boosted its holdings in PIMCO Ultra Short Government Active ETF by 7.5% in the second quarter. Visionary Wealth Advisors now owns 3,968 shares of the company’s stock valued at $402,000 after purchasing an additional 278 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

BILZ traded up $0.01 on Wednesday, reaching $100.90. 139,199 shares of the company’s stock were exchanged, compared to its average volume of 323,409. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.69 and a twelve month high of $101.27. The company’s 50 day moving average is $100.86 and its 200-day moving average is $100.92.

PIMCO Ultra Short Government Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.31 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, March 2nd.

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.