Short Interest in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) Decreases By 27.5%

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 267,300 shares, a drop of 27.5% from the August 15th total of 368,600 shares. Based on an average daily volume of 305,700 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.2% of the company’s stock are sold short. Currently, 1.2% of the company’s stock are sold short. Based on an average daily volume of 305,700 shares, the days-to-cover ratio is presently 0.9 days.

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Up 0.3%

Shares of ZROZ stock opened at $68.92 on Tuesday. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 1-year low of $61.00 and a 1-year high of $87.36. The stock’s 50-day moving average is $64.94 and its 200 day moving average is $66.51.

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

Institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted 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 purchasing an additional 5,605 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 104.6% in the second quarter. JPMorgan Chase & Co. now owns 18,825 shares of the company’s stock worth $1,263,000 after acquiring an additional 9,623 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 18.3% in the second quarter. Creative Financial Designs Inc. ADV now owns 120,555 shares of the company’s stock worth $8,086,000 after acquiring an additional 18,611 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 70.1% in the second quarter. Janney Montgomery Scott LLC now owns 66,307 shares of the company’s stock worth $4,447,000 after acquiring an additional 27,331 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter worth about $158,000.

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.