US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Update

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 38,100 shares, a growth of 22.9% from the February 13th total of 31,000 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 151,200 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of US Treasury 6 Month Bill ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC acquired a new stake in shares of US Treasury 6 Month Bill ETF during the 4th quarter worth about $1,135,000. Janney Montgomery Scott LLC increased its position in shares of US Treasury 6 Month Bill ETF by 82.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock worth $4,438,000 after purchasing an additional 40,123 shares during the last quarter. Copia Wealth Management acquired a new stake in shares of US Treasury 6 Month Bill ETF during the 4th quarter worth about $4,851,000. Finally, 49 Wealth Management LLC boosted its holdings in US Treasury 6 Month Bill ETF by 14.4% during the 3rd quarter. 49 Wealth Management LLC now owns 188,672 shares of the company’s stock valued at $9,471,000 after acquiring an additional 23,792 shares during the period.

US Treasury 6 Month Bill ETF Price Performance

Shares of NASDAQ:XBIL opened at $50.10 on Tuesday. The business has a 50-day moving average price of $50.10 and a 200 day moving average price of $50.10. US Treasury 6 Month Bill ETF has a 12-month low of $49.83 and a 12-month high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were given a dividend of $0.1739 per share. The ex-dividend date was Monday, March 3rd.

About US Treasury 6 Month Bill ETF

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.