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

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 45,588 shares, a growth of 245.8% from the November 30th total of 13,182 shares. Based on an average trading volume of 250,185 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 250,185 shares, the days-to-cover ratio is presently 0.2 days.

PIMCO Ultra Short Government Active ETF Price Performance

BILZ stock traded up $0.03 during midday trading on Friday, reaching $101.04. The company’s stock had a trading volume of 90,937 shares, compared to its average volume of 218,424. The business’s 50-day simple moving average is $100.94 and its 200-day simple moving average is $101.00. PIMCO Ultra Short Government Active ETF has a 52 week low of $100.73 and a 52 week high of $101.27.

Hedge Funds Weigh In On PIMCO Ultra Short Government Active ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Decker Retirement Planning Inc. grew its position in shares of PIMCO Ultra Short Government Active ETF by 128.0% during the 3rd quarter. Decker Retirement Planning Inc. now owns 269 shares of the company’s stock worth $27,000 after buying an additional 151 shares during the period. Transce3nd LLC grew its holdings in PIMCO Ultra Short Government Active ETF by 238.6% during the second quarter. Transce3nd LLC now owns 430 shares of the company’s stock valued at $44,000 after purchasing an additional 303 shares during the period. CWM LLC grew its holdings in PIMCO Ultra Short Government Active ETF by 2,145.5% during the second quarter. CWM LLC now owns 494 shares of the company’s stock valued at $50,000 after purchasing an additional 472 shares during the period. Trust Co. of Vermont bought a new stake in PIMCO Ultra Short Government Active ETF in the third quarter valued at approximately $58,000. Finally, Evolution Wealth Management Inc. acquired a new stake in PIMCO Ultra Short Government Active ETF in the second quarter worth $158,000.

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.