SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) Short Interest Update

SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,940,422 shares, a decrease of 53.7% from the December 15th total of 4,194,833 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 8,234,610 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 8,234,610 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of SPDR Bloomberg 1-3 Month T-Bill ETF

A number of hedge funds have recently made changes to their positions in BIL. Ashton Thomas Securities LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter worth $25,000. Atlantic Union Bankshares Corp increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the third quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after acquiring an additional 119 shares in the last quarter. City Holding Co. raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the 3rd quarter. City Holding Co. now owns 310 shares of the company’s stock worth $28,000 after purchasing an additional 270 shares during the last quarter. Westwind Capital bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter worth about $28,000. Finally, GPS Wealth Strategies Group LLC grew its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after purchasing an additional 126 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Up 0.0%

NYSEARCA BIL traded up $0.01 during trading hours on Wednesday, reaching $91.50. 7,988,839 shares of the company’s stock traded hands, compared to its average volume of 8,337,729. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52-week low of $91.26 and a 52-week high of $91.78. The firm has a 50-day simple moving average of $91.50 and a 200 day simple moving average of $91.57.

About SPDR Bloomberg 1-3 Month T-Bill ETF

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.