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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 82,500 shares, agrowthof54.8% from the July 15th total of 53,300 shares. Based on an average daily volume of 152,900 shares, the days-to-cover ratio is presently 0.5 days. Currently,0.5% of the company’s stock are sold short. Currently,0.5% of the company’s stock are sold short. Based on an average daily volume of 152,900 shares, the days-to-cover ratio is presently 0.5 days.

US Treasury 6 Month Bill ETF Stock Performance

Shares of XBIL opened at $50.11 on Wednesday. The company’s fifty day moving average is $50.07 and its 200-day moving average is $50.08. US Treasury 6 Month Bill ETF has a 12 month low of $49.90 and a 12 month high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 4th. Stockholders of record on Friday, August 1st were paid a dividend of $0.171 per share. The ex-dividend date was Friday, August 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of XBIL. Financial Gravity Asset Management Inc. acquired a new position in shares of US Treasury 6 Month Bill ETF during the 1st quarter worth $31,000. NBC Securities Inc. raised its stake in shares of US Treasury 6 Month Bill ETF by 99,900.0% in the 1st quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock valued at $50,000 after acquiring an additional 999 shares in the last quarter. Alpine Bank Wealth Management bought a new position in shares of US Treasury 6 Month Bill ETF in the 1st quarter valued at approximately $4,316,000. Copia Wealth Management bought a new position in shares of US Treasury 6 Month Bill ETF in the 4th quarter valued at approximately $4,851,000. Finally, Integrated Wealth Concepts LLC raised its stake in shares of US Treasury 6 Month Bill ETF by 26.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 105,305 shares of the company’s stock valued at $5,283,000 after acquiring an additional 22,007 shares in the last quarter.

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.