US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Significant Increase in Short Interest

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large growth in short interest in the month of 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 trading volume, of 152,900 shares, the short-interest ratio is presently 0.5 days. Currently,0.5% of the company’s shares are short sold. Currently,0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 152,900 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of US Treasury 6 Month Bill ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Financial Gravity Asset Management Inc. bought a new position in shares of US Treasury 6 Month Bill ETF in the first quarter worth about $31,000. NBC Securities Inc. boosted its position in 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 buying an additional 999 shares during the period. Alpine Bank Wealth Management purchased a new stake in US Treasury 6 Month Bill ETF in the 1st quarter valued at about $4,316,000. Copia Wealth Management bought a new position in US Treasury 6 Month Bill ETF in the 4th quarter worth about $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 acquiring an additional 22,007 shares during the period.

US Treasury 6 Month Bill ETF Stock Performance

NASDAQ:XBIL opened at $50.11 on Thursday. The stock’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 fifty-two week low of $49.90 and a fifty-two week high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

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

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.