US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 79.3% in August

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 3,700 shares, a decline of 79.3% from the August 15th total of 17,900 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 149,000 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 149,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

US Treasury 6 Month Bill ETF Stock Performance

US Treasury 6 Month Bill ETF stock opened at $50.11 on Friday. US Treasury 6 Month Bill ETF has a 12 month low of $49.90 and a 12 month high of $50.21. The business has a 50 day simple moving average of $50.08 and a 200-day simple moving average of $50.09.

US Treasury 6 Month Bill ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, September 3rd. Investors of record on Tuesday, September 2nd were given a dividend of $0.1722 per share. The ex-dividend date was Tuesday, September 2nd.

Institutional Trading of US Treasury 6 Month Bill ETF

Several large investors have recently made changes to their positions in XBIL. Financial Gravity Asset Management Inc. purchased a new stake in shares of US Treasury 6 Month Bill ETF during the first quarter worth approximately $31,000. NBC Securities Inc. increased its position in shares of US Treasury 6 Month Bill ETF by 99,900.0% during the first quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock worth $50,000 after purchasing an additional 999 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of US Treasury 6 Month Bill ETF during the first quarter worth approximately $4,316,000. Copia Wealth Management purchased a new stake in shares of US Treasury 6 Month Bill ETF during the fourth quarter worth approximately $4,851,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of US Treasury 6 Month Bill ETF by 26.4% during the first quarter. Integrated Wealth Concepts LLC now owns 105,305 shares of the company’s stock worth $5,283,000 after purchasing 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.