PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Sees Significant Increase in Short Interest

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

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

Shares of ZROZ stock opened at $59.07 on Friday. The firm’s 50 day moving average is $59.05 and its 200 day moving average is $61.86. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 12 month low of $56.80 and a 12 month high of $71.21.

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

Several institutional investors have recently made changes to their positions in ZROZ. Continuum Advisory LLC purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter valued at $30,000. Legacy Financial Advisors Inc. purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 2nd quarter worth about $1,585,000. Oarsman Capital Inc. purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 2nd quarter worth about $266,000. RPg Family Wealth Advisory LLC bought a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter worth about $144,000. Finally, Janney Montgomery Scott LLC boosted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock worth $2,878,000 after purchasing an additional 1,187 shares during the period.

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

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.