PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Up 37.7% in January

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 21,469 shares, an increase of 37.7% from the December 31st total of 15,590 shares. Based on an average trading volume of 232,397 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 232,397 shares, the days-to-cover ratio is currently 0.1 days.

PIMCO Ultra Short Government Active ETF Stock Down 0.3%

Shares of BILZ opened at $100.73 on Tuesday. PIMCO Ultra Short Government Active ETF has a twelve month low of $100.72 and a twelve month high of $101.27. The company has a 50 day moving average of $100.91 and a 200-day moving average of $100.98.

PIMCO Ultra Short Government Active ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be paid a $0.32 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, February 2nd.

Hedge Funds Weigh In On PIMCO Ultra Short Government Active ETF

Several hedge funds have recently modified their holdings of the stock. Decker Retirement Planning Inc. raised its holdings in PIMCO Ultra Short Government Active ETF by 128.0% during the third quarter. Decker Retirement Planning Inc. now owns 269 shares of the company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Transce3nd LLC raised its stake in shares of PIMCO Ultra Short Government Active ETF by 238.6% during the 2nd quarter. Transce3nd LLC now owns 430 shares of the company’s stock worth $44,000 after purchasing an additional 303 shares in the last quarter. CWM LLC raised its stake in shares of PIMCO Ultra Short Government Active ETF by 2,145.5% during the 2nd quarter. CWM LLC now owns 494 shares of the company’s stock worth $50,000 after purchasing an additional 472 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of PIMCO Ultra Short Government Active ETF in the 3rd quarter valued at approximately $58,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of PIMCO Ultra Short Government Active ETF in the second quarter valued at $158,000.

About PIMCO Ultra Short Government Active ETF

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.