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

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 251,770 shares, a growth of 93.4% from the June 30th total of 130,189 shares. Based on an average daily trading volume, of 892,698 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.1% of the shares of the company are short sold.

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

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 104.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 18,825 shares of the company’s stock valued at $1,263,000 after purchasing an additional 9,623 shares during the period. Ameriprise Financial Inc. grew its position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% during the second quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock valued at $6,830,000 after buying an additional 5,605 shares during the period. Parallel Advisors LLC grew its position 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 buying an additional 1,653 shares during the period. BNP Paribas Financial Markets purchased a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter valued at $2,848,000. Finally, Consilio Wealth Advisors LLC increased its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 7.7% in the fourth quarter. Consilio Wealth Advisors LLC now owns 76,420 shares of the company’s stock valued at $4,910,000 after buying an additional 5,496 shares in the last quarter.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Down 3.1%

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund stock opened at $59.03 on Thursday. The business’s 50-day moving average price is $62.29 and its 200 day moving average price is $63.63. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 52 week low of $58.72 and a 52 week high of $71.21.

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.