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

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a large decline in short interest during 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 company’s stock are short sold. Based on an average daily trading volume, of 232,746 shares, the short-interest ratio is currently 0.0 days.

PIMCO Ultra Short Government Active ETF Stock Up 0.0%

NYSEARCA:BILZ opened at $100.74 on Wednesday. PIMCO Ultra Short Government Active ETF has a 1 year low of $100.60 and a 1 year high of $101.08. The stock has a 50-day simple moving average of $100.77 and a 200-day simple moving average of $100.81.

Institutional Trading of PIMCO Ultra Short Government Active ETF

Several institutional investors have recently modified their holdings of BILZ. Summit Financial Wealth Advisors LLC purchased a new position in shares of PIMCO Ultra Short Government Active ETF in the 3rd quarter valued at $32,864,000. Biltmore Wealth Management LLC acquired a new stake in PIMCO Ultra Short Government Active ETF during the 3rd quarter worth $27,111,000. SMART Wealth LLC lifted its position in PIMCO Ultra Short Government Active ETF by 88.4% in the second quarter. SMART Wealth LLC now owns 287,474 shares of the company’s stock valued at $29,015,000 after acquiring an additional 134,910 shares during the last quarter. Parallel Advisors LLC lifted its position in PIMCO Ultra Short Government Active ETF by 78.7% in the first quarter. Parallel Advisors LLC now owns 240,238 shares of the company’s stock valued at $24,257,000 after acquiring an additional 105,824 shares during the last quarter. Finally, Private Advisory Group LLC purchased a new stake in PIMCO Ultra Short Government Active ETF in the third quarter valued at $5,982,000.

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.