SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Short Interest Update

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 36,540 shares, a drop of 47.4% from the May 31st total of 69,498 shares. Based on an average daily volume of 335,686 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On SPDR Bloomberg 3-12 Month T-Bill ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BILS. ST Germain D J Co. Inc. grew its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% during the 4th quarter. ST Germain D J Co. Inc. now owns 1,629 shares of the company’s stock worth $162,000 after acquiring an additional 287 shares during the period. Revisor Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at about $201,000. Horizon Wealth Management LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 1st quarter valued at about $215,000. Strategic Blueprint LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $216,000. Finally, Claro Advisors Inc. bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $284,000.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Performance

Shares of NYSEARCA BILS opened at $99.38 on Tuesday. The company’s 50 day moving average price is $99.30 and its 200-day moving average price is $99.30. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $99.08 and a 52-week high of $99.52.

SPDR Bloomberg 3-12 Month T-Bill ETF Company Profile

The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury bills with maturities between 3-12 months. BILS was launched on Sep 23, 2020 and is managed by State Street.