US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 35,700 shares, a decline of 72.8% from the September 30th total of 131,100 shares. Based on an average daily trading volume, of 135,300 shares, the days-to-cover ratio is presently 0.3 days.
US Treasury 6 Month Bill ETF Price Performance
NASDAQ XBIL traded up $0.02 during trading on Friday, reaching $50.15. The company’s stock had a trading volume of 1,933 shares, compared to its average volume of 129,685. US Treasury 6 Month Bill ETF has a 1-year low of $49.83 and a 1-year high of $50.21. The business has a 50-day moving average price of $50.10 and a 200-day moving average price of $50.04.
US Treasury 6 Month Bill ETF Cuts Dividend
The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, October 1st were issued a dividend of $0.193 per share. This represents a $2.32 annualized dividend and a dividend yield of 4.62%. The ex-dividend date of this dividend was Tuesday, October 1st.
Institutional Investors Weigh In On US Treasury 6 Month Bill ETF
US Treasury 6 Month Bill ETF Company Profile
The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve.
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