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

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 9,366 shares, a growth of 84.8% from the August 15th total of 5,069 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 145,315 shares, the short-interest ratio is currently 0.1 days.

PIMCO Ultra Short Government Active ETF Stock Performance

Shares of PIMCO Ultra Short Government Active ETF stock traded up $0.02 on Thursday, hitting $100.78. The company had a trading volume of 120,350 shares, compared to its average volume of 245,507. PIMCO Ultra Short Government Active ETF has a 1 year low of $100.63 and a 1 year high of $101.20. The stock has a 50 day moving average of $100.80 and a 200-day moving average of $100.81.

Hedge Funds Weigh In On PIMCO Ultra Short Government Active ETF

Large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC lifted its position in shares of PIMCO Ultra Short Government Active ETF by 4.1% during the second quarter. Integrated Wealth Concepts LLC now owns 20,375 shares of the company’s stock valued at $2,056,000 after purchasing an additional 805 shares in the last quarter. NewEdge Advisors LLC grew its position in PIMCO Ultra Short Government Active ETF by 0.4% in the 2nd quarter. NewEdge Advisors LLC now owns 37,742 shares of the company’s stock worth $3,809,000 after purchasing an additional 164 shares in the last quarter. POM Investment Strategies LLC increased its stake in PIMCO Ultra Short Government Active ETF by 154.1% in the 2nd quarter. POM Investment Strategies LLC now owns 45,501 shares of the company’s stock valued at $4,592,000 after buying an additional 27,594 shares during the last quarter. SFG Wealth Management LLC. increased its stake in PIMCO Ultra Short Government Active ETF by 5.5% in the 2nd quarter. SFG Wealth Management LLC. now owns 36,999 shares of the company’s stock valued at $3,734,000 after buying an additional 1,919 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. lifted its position in shares of PIMCO Ultra Short Government Active ETF by 38.6% during the 2nd 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 in 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.