PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Sees Large Increase in Short Interest

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 55,258 shares, a growth of 450.3% from the September 15th total of 10,041 shares. Based on an average daily trading volume, of 177,109 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.6% of the company’s stock are sold short.

PIMCO Ultra Short Government Active ETF Trading Up 0.0%

NYSEARCA BILZ traded up $0.04 during trading on Friday, reaching $100.74. 182,733 shares of the company’s stock traded hands, compared to its average volume of 242,378. The company’s 50 day simple moving average is $100.77 and its two-hundred day simple moving average is $100.80. PIMCO Ultra Short Government Active ETF has a 12-month low of $100.60 and a 12-month high of $101.17.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

Several institutional investors have recently bought and sold shares of BILZ. Biltmore Wealth Management LLC purchased a new position in PIMCO Ultra Short Government Active ETF in the 3rd quarter valued at about $27,111,000. SMART Wealth LLC raised its position in shares of PIMCO Ultra Short Government Active ETF by 88.4% in the second quarter. SMART Wealth LLC now owns 287,474 shares of the company’s stock valued at $29,015,000 after buying an additional 134,910 shares during the last quarter. Parallel Advisors LLC lifted its stake in PIMCO Ultra Short Government Active ETF by 78.7% in the 1st quarter. Parallel Advisors LLC now owns 240,238 shares of the company’s stock worth $24,257,000 after purchasing an additional 105,824 shares in the last quarter. Fig Financial Advisory Services Inc. ADV acquired a new stake in shares of PIMCO Ultra Short Government Active ETF in the third quarter valued at approximately $5,050,000. Finally, Mid American Wealth Advisory Group Inc. boosted its stake in PIMCO Ultra Short Government Active ETF by 38.6% during the second quarter. Mid American Wealth Advisory Group Inc. now owns 177,678 shares of the company’s stock worth $17,933,000 after buying an additional 49,456 shares during the last quarter.

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.