PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Short Interest Up 59.9% in August

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 531,027 shares, a growth of 59.9% from the August 15th total of 332,164 shares. Currently, 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,231,071 shares, the short-interest ratio is currently 0.4 days.

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 stock. Abound Financial LLC bought a new position in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter worth approximately $4,910,000. Janney Montgomery Scott LLC increased its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock valued at $2,878,000 after purchasing an additional 1,187 shares during the period. Legacy Financial Advisors Inc. bought a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 2nd quarter valued at about $1,585,000. Sankala Group LLC purchased a new stake in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the 4th quarter worth about $580,000. Finally, Oarsman Capital Inc. bought a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter worth $266,000.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Up 1.5%

ZROZ stock traded up $0.89 during mid-day trading on Thursday, reaching $58.90. The company had a trading volume of 597,034 shares, compared to its average volume of 654,329. The stock has a 50 day simple moving average of $59.09 and a two-hundred day simple moving average of $61.92. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 52 week low of $56.80 and a 52 week high of $71.21.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Company Profile

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.