Short Interest in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Decreases By 59.6%

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 the month of June. As of June 15th, there was short interest totaling 137,957 shares, a drop of 59.6% from the May 31st total of 341,763 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 527,299 shares, the short-interest ratio is presently 0.3 days.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Up 0.4%

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund stock traded up $0.25 during trading on Monday, reaching $65.47. The stock had a trading volume of 366,260 shares, compared to its average volume of 589,466. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 52-week low of $59.22 and a 52-week high of $71.21. The business has a 50 day moving average price of $62.76 and a 200 day moving average price of $64.29.

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

Several large investors have recently bought and sold shares of ZROZ. Abound Financial LLC acquired a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter valued at about $4,910,000. BNP Paribas Financial Markets acquired a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the third quarter valued at approximately $2,848,000. JPMorgan Chase & Co. increased its holdings 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 acquiring an additional 9,623 shares during the period. Sankala Group LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter valued at $580,000. Finally, Ameriprise Financial Inc. boosted its stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 5.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 101,814 shares of the company’s stock worth $6,830,000 after purchasing an additional 5,605 shares during the period.

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.