PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Update

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 35,985 shares, an increase of 273.4% from the March 15th total of 9,636 shares. Based on an average daily trading volume, of 298,674 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.4% of the shares of the company are short sold.

PIMCO Ultra Short Government Active ETF Stock Performance

BILZ stock traded up $0.03 during trading on Friday, hitting $100.78. The company had a trading volume of 67,221 shares, compared to its average volume of 295,499. The firm has a 50-day moving average price of $100.82 and a 200-day moving average price of $100.90. PIMCO Ultra Short Government Active ETF has a 1-year low of $100.67 and a 1-year high of $101.27.

PIMCO Ultra Short Government Active ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

Several large investors have recently modified their holdings of the stock. Decker Retirement Planning Inc. grew 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. Trust Co. of Vermont acquired a new stake in shares of PIMCO Ultra Short Government Active ETF in the 3rd quarter worth $58,000. CWM LLC lifted its stake in shares of PIMCO Ultra Short Government Active ETF by 185.0% in the 3rd quarter. CWM LLC now owns 1,408 shares of the company’s stock worth $142,000 after acquiring an additional 914 shares during the period. Evolution Wealth Management Inc. purchased a new stake in shares of PIMCO Ultra Short Government Active ETF in the second quarter valued at about $158,000. Finally, Golden Reserve Retirement LLC purchased a new stake in shares of PIMCO Ultra Short Government Active ETF in the third quarter valued at about $206,000.

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.