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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 79,888 shares, a drop of 62.9% from the February 12th total of 215,514 shares. Based on an average daily volume of 485,122 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 485,122 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its holdings in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 1.5% in the third quarter. Jones Financial Companies Lllp now owns 87,817 shares of the company’s stock worth $5,922,000 after buying an additional 1,257 shares in the last quarter. Parallel Advisors LLC grew its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 3,517.0% during the third quarter. Parallel Advisors LLC now owns 1,700 shares of the company’s stock valued at $116,000 after acquiring an additional 1,653 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 123,342 shares of the company’s stock valued at $8,382,000 after acquiring an additional 2,787 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock valued at $6,830,000 after acquiring an additional 5,605 shares during the last quarter. Finally, Sankala Group LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter worth $580,000.

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

Shares of ZROZ opened at $65.79 on Wednesday. The business’s 50 day moving average is $65.50 and its 200 day moving average is $66.76. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 12-month low of $61.00 and a 12-month high of $75.06.

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.