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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 137,957 shares, a drop of 59.6% from the May 31st total of 341,763 shares. Based on an average trading volume of 527,299 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the company’s shares are short sold.

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

A number of institutional investors have recently bought and sold shares of ZROZ. Consilio Wealth Advisors LLC grew its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% in the 4th quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock valued at $4,910,000 after buying an additional 5,496 shares during the period. Ameriprise Financial Inc. raised its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock valued at $6,830,000 after buying an additional 5,605 shares during the period. Janney Montgomery Scott LLC lifted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% in the first quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock valued at $2,878,000 after acquiring an additional 1,187 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter valued at approximately $2,848,000. Finally, Parallel Advisors LLC grew its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% in the third quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock worth $116,000 after acquiring an additional 1,653 shares during the period.

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

Shares of ZROZ stock opened at $64.10 on Wednesday. The company’s 50-day moving average price is $62.82 and its 200-day moving average price is $64.27. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a twelve month low of $59.22 and a twelve month high of $71.21.

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.