PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSEARCA:ZROZ – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 400,308 shares, a decline of 65.0% from the September 30th total of 1,142,188 shares. Based on an average daily volume of 1,497,714 shares, the short-interest ratio is presently 0.3 days. Currently, 1.1% of the shares of the company are sold short.
Institutional Investors Weigh In On PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC lifted its position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund by 2.7% during the first quarter. Janney Montgomery Scott LLC now owns 44,968 shares of the company’s stock worth $2,878,000 after acquiring an additional 1,187 shares in the last quarter. Legacy Financial Advisors Inc. bought a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter worth $1,585,000. Oarsman Capital Inc. purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter valued at $266,000. RPg Family Wealth Advisory LLC purchased a new position in shares of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in the second quarter valued at $144,000. Finally, Continuum Advisory LLC purchased a new stake in PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund during the 2nd quarter worth about $30,000.
PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund Stock Performance
Shares of ZROZ stock traded up $0.09 during trading on Friday, reaching $58.41. 792,072 shares of the company’s stock traded hands, compared to its average volume of 769,392. The firm’s 50-day moving average is $57.09 and its 200 day moving average is $61.55. PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund has a 1 year low of $51.97 and a 1 year high of $69.27.
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.
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