PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Stock Short Interest Report for October

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,285 shares, a decline of 99.5% from the October 15th total of 430,957 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 232,746 shares, the days-to-cover ratio is presently 0.0 days.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

BILZ stock traded up $0.02 during midday trading on Tuesday, reaching $100.74. 257,243 shares of the company’s stock traded hands, compared to its average volume of 241,720. PIMCO Ultra Short Government Active ETF has a 52-week low of $100.60 and a 52-week high of $101.08. The stock’s 50-day moving average is $100.77 and its 200 day moving average is $100.81.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

Hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC bought a new stake in PIMCO Ultra Short Government Active ETF during the 1st quarter worth approximately $38,000. Latitude Advisors LLC purchased a new position in PIMCO Ultra Short Government Active ETF during the third quarter valued at approximately $68,000. Bangor Savings Bank bought a new position in shares of PIMCO Ultra Short Government Active ETF in the third quarter worth approximately $212,000. Contango Wealth Management LLC bought a new position in shares of PIMCO Ultra Short Government Active ETF in the first quarter worth approximately $233,000. Finally, Security Financial Services INC. boosted its position in shares of PIMCO Ultra Short Government Active ETF by 5.3% in the first quarter. Security Financial Services INC. now owns 2,461 shares of the company’s stock worth $248,000 after purchasing an additional 124 shares during the period.

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.