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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 1,142,188 shares, a growth of 225.7% from the September 15th total of 350,704 shares. Currently, 3.2% of the company’s stock are short sold. Based on an average daily volume of 1,668,101 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

Several hedge funds have recently added to or reduced their stakes in ZROZ. Continuum Advisory LLC purchased a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter worth approximately $30,000. Legacy Financial Advisors Inc. purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter valued at approximately $1,585,000. Oarsman Capital Inc. purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter valued at approximately $266,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 2nd quarter valued at $144,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of 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 valued at $2,878,000 after purchasing an additional 1,187 shares in the last quarter.

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

Shares of ZROZ traded up $0.22 during midday trading on Friday, hitting $54.02. The company had a trading volume of 890,548 shares, compared to its average volume of 740,096. The company’s 50-day simple moving average is $57.50 and its 200-day simple moving average is $60.72. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 1 year low of $51.97 and a 1 year 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.