Short Interest in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Grows By 59.9%

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 531,027 shares, a growth of 59.9% from the August 15th total of 332,164 shares. Based on an average daily trading volume, of 1,231,071 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.5% of the company’s shares are sold short.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Continuum Advisory LLC bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter worth $30,000. RPg Family Wealth Advisory LLC bought a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the second quarter worth about $144,000. Oarsman Capital Inc. bought a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter valued at about $266,000. Sankala Group LLC bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the fourth quarter valued at approximately $580,000. Finally, Legacy Financial Advisors Inc. acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter valued at approximately $1,585,000.

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

ZROZ stock traded up $0.89 during trading on Thursday, hitting $58.90. 597,034 shares of the company’s stock were exchanged, compared to its average volume of 654,329. The business has a 50-day moving average price of $59.09 and a two-hundred day moving average price of $61.92. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 52-week low of $56.80 and a 52-week high of $71.21.

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

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. The Index is an unmanaged index consisting of long-maturity separate trading of registered interest and principal of securities representing the final principal payment of the United States Treasury bonds with at least $1 billion in outstanding face value and a remaining term to final maturity greater than or equal to 25 years.