US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Up 24.5% in March

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 37,100 shares, an increase of 24.5% from the March 15th total of 29,800 shares. Based on an average daily volume of 182,900 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

Institutional investors have recently added to or reduced their stakes in the stock. Copia Wealth Management acquired a new position in US Treasury 6 Month Bill ETF during the fourth quarter worth $4,851,000. 49 Wealth Management LLC raised its position in shares of US Treasury 6 Month Bill ETF by 46.9% during the 4th quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock worth $13,869,000 after purchasing an additional 88,509 shares during the last quarter. Janney Montgomery Scott LLC raised 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. Farther Finance Advisors LLC acquired a new stake in US Treasury 6 Month Bill ETF in the 4th quarter worth about $1,135,000. Finally, NBC Securities Inc. increased its stake in US Treasury 6 Month Bill ETF by 99,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock worth $50,000 after buying an additional 999 shares in the last quarter.

US Treasury 6 Month Bill ETF Stock Performance

Shares of US Treasury 6 Month Bill ETF stock opened at $50.13 on Monday. US Treasury 6 Month Bill ETF has a twelve month low of $49.87 and a twelve month high of $50.21. The business has a 50-day moving average price of $50.10 and a 200 day moving average price of $50.10.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.1737 per share. The ex-dividend date was Tuesday, April 1st.

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.