Short Interest in PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Decreases By 82.1%

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 22,655 shares, a decline of 82.1% from the April 30th total of 126,363 shares. Based on an average daily trading volume, of 315,663 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Captrust Financial Advisors grew its stake in PIMCO Ultra Short Government Active ETF by 45.2% in the 3rd quarter. Captrust Financial Advisors now owns 637,108 shares of the company’s stock valued at $64,469,000 after buying an additional 198,265 shares during the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 48.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 803,924 shares of the company’s stock worth $81,349,000 after acquiring an additional 262,404 shares during the period. Authentikos Wealth Advisory LLC lifted its holdings in shares of PIMCO Ultra Short Government Active ETF by 24.8% during the 3rd quarter. Authentikos Wealth Advisory LLC now owns 73,313 shares of the company’s stock worth $7,419,000 after acquiring an additional 14,590 shares during the period. Key Capital Management INC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the 4th quarter worth approximately $718,000. Finally, Boomfish Wealth Group LLC bought a new stake in shares of PIMCO Ultra Short Government Active ETF during the 4th quarter worth approximately $1,497,000.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

BILZ stock traded up $0.02 during midday trading on Friday, hitting $100.95. The company’s stock had a trading volume of 191,946 shares, compared to its average volume of 280,343. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.67 and a twelve month high of $101.27. The company’s fifty day moving average price is $100.84 and its 200 day moving average price is $100.87.

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.