PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Update

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 37,479 shares, a growth of 568.1% from the February 12th total of 5,610 shares. Based on an average daily trading volume, of 337,290 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 337,290 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On PIMCO Ultra Short Government Active ETF

A number of institutional investors have recently made changes to their positions in BILZ. Decker Retirement Planning Inc. increased its holdings in PIMCO Ultra Short Government Active ETF by 128.0% in the third quarter. Decker Retirement Planning Inc. now owns 269 shares of the company’s stock valued at $27,000 after purchasing an additional 151 shares during the last quarter. Transce3nd LLC lifted its stake in PIMCO Ultra Short Government Active ETF by 238.6% in the second quarter. Transce3nd LLC now owns 430 shares of the company’s stock valued at $44,000 after buying an additional 303 shares during the period. Trust Co. of Vermont bought a new position in PIMCO Ultra Short Government Active ETF during the third quarter worth about $58,000. CWM LLC grew its position in shares of PIMCO Ultra Short Government Active ETF by 185.0% during the 3rd quarter. CWM LLC now owns 1,408 shares of the company’s stock worth $142,000 after buying an additional 914 shares during the period. Finally, Evolution Wealth Management Inc. acquired a new position in shares of PIMCO Ultra Short Government Active ETF during the 2nd quarter worth about $158,000.

PIMCO Ultra Short Government Active ETF Price Performance

BILZ stock traded up $0.02 during midday trading on Tuesday, reaching $100.77. The company’s stock had a trading volume of 337,308 shares, compared to its average volume of 304,131. The business’s 50-day simple moving average is $100.86 and its 200-day simple moving average is $100.94. PIMCO Ultra Short Government Active ETF has a 52 week low of $100.69 and a 52 week high of $101.27.

PIMCO Ultra Short Government Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.