US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Sees Significant Increase in Short Interest

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 917,600 shares, a growth of 21.8% from the February 13th total of 753,200 shares. Based on an average trading volume of 1,540,600 shares, the short-interest ratio is presently 0.6 days. Currently, 0.9% of the company’s shares are sold short.

Institutional Trading of US Treasury 3 Month Bill ETF

Institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC grew its holdings in US Treasury 3 Month Bill ETF by 114.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 66,816 shares of the company’s stock worth $3,331,000 after acquiring an additional 35,626 shares during the period. Fiduciary Alliance LLC acquired a new stake in US Treasury 3 Month Bill ETF during the 4th quarter worth $656,000. 49 Wealth Management LLC grew its holdings in US Treasury 3 Month Bill ETF by 17.1% during the 3rd quarter. 49 Wealth Management LLC now owns 144,936 shares of the company’s stock worth $7,253,000 after acquiring an additional 21,169 shares during the period. Hilton Capital Management LLC grew its holdings in US Treasury 3 Month Bill ETF by 375.8% during the 3rd quarter. Hilton Capital Management LLC now owns 38,640 shares of the company’s stock worth $1,934,000 after acquiring an additional 30,519 shares during the period. Finally, Wealthquest Corp grew its holdings in US Treasury 3 Month Bill ETF by 2.7% during the 4th quarter. Wealthquest Corp now owns 308,268 shares of the company’s stock worth $15,370,000 after acquiring an additional 8,035 shares during the period.

US Treasury 3 Month Bill ETF Stock Up 0.0 %

TBIL opened at $49.94 on Wednesday. The company has a fifty day moving average price of $49.93 and a two-hundred day moving average price of $49.93. US Treasury 3 Month Bill ETF has a 52 week low of $49.81 and a 52 week high of $50.05.

US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1728 per share. The ex-dividend date of this dividend was Monday, March 3rd.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve.