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

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 22,655 shares, a decline of 82.1% from the April 30th total of 126,363 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 315,663 shares, the short-interest ratio is presently 0.1 days.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

Shares of BILZ traded up $0.02 during trading hours on Friday, reaching $100.95. 191,946 shares of the company traded hands, compared to its average volume of 280,343. The company’s fifty day moving average price is $100.84 and its two-hundred day moving average price is $100.87. PIMCO Ultra Short Government Active ETF has a 12 month low of $100.67 and a 12 month high of $101.27.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

Large investors have recently modified their holdings of the stock. Root Financial Partners LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the 1st quarter valued at about $45,000. Harbor Investment Advisory LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the 1st quarter valued at about $151,000. Golden Reserve Retirement LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the 3rd quarter valued at about $206,000. Wells Fargo & Company MN bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the 4th quarter valued at about $207,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the 1st quarter valued at about $226,000.

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.