PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Up 84.8% in August

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a significant growth in short interest during the month of 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. Based on an average trading volume of 145,315 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

PIMCO Ultra Short Government Active ETF Price Performance

BILZ stock opened at $100.78 on Friday. The business has a fifty day moving average of $100.80 and a two-hundred day moving average of $100.80. PIMCO Ultra Short Government Active ETF has a 52-week low of $100.63 and a 52-week high of $101.20.

Institutional Trading of PIMCO Ultra Short Government Active ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BILZ. Allianz Asset Management GmbH grew its stake in shares of PIMCO Ultra Short Government Active ETF by 15.5% in the fourth quarter. Allianz Asset Management GmbH now owns 928,825 shares of the company’s stock valued at $93,593,000 after buying an additional 124,901 shares in the last quarter. Summit Financial Wealth Advisors LLC lifted its stake in PIMCO Ultra Short Government Active ETF by 9.4% during the 1st quarter. Summit Financial Wealth Advisors LLC now owns 302,867 shares of the company’s stock worth $30,580,000 after acquiring an additional 26,045 shares in the last quarter. SMART Wealth LLC boosted its holdings in PIMCO Ultra Short Government Active ETF by 88.4% during the 2nd 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 period. Walled Lake Planning & Wealth Management LLC grew its position in PIMCO Ultra Short Government Active ETF by 5.7% in the 1st quarter. Walled Lake Planning & Wealth Management LLC now owns 279,132 shares of the company’s stock valued at $28,184,000 after acquiring an additional 14,979 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in PIMCO Ultra Short Government Active ETF by 78.7% in the 1st 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 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.