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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant growth in short interest in 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. Based on an average daily volume of 151,200 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of US Treasury 6 Month Bill ETF

Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in US Treasury 6 Month Bill ETF during the 4th quarter worth approximately $1,135,000. Janney Montgomery Scott LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 82.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock worth $4,438,000 after acquiring an additional 40,123 shares during the period. Copia Wealth Management acquired a new stake in US Treasury 6 Month Bill ETF during the 4th quarter valued at approximately $4,851,000. Finally, 49 Wealth Management LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 14.4% in the 3rd quarter. 49 Wealth Management LLC now owns 188,672 shares of the company’s stock worth $9,471,000 after purchasing an additional 23,792 shares during the period.

US Treasury 6 Month Bill ETF Price Performance

NASDAQ:XBIL opened at $50.12 on Thursday. The stock has a 50 day simple moving average of $50.11 and a 200 day simple moving average of $50.10. US Treasury 6 Month Bill ETF has a 1-year low of $49.83 and a 1-year high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

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

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.