US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Up 82.0% in June

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 80,640 shares, an increase of 82.0% from the May 31st total of 44,308 shares. Based on an average daily trading volume, of 95,654 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the company’s stock are short sold.

US Treasury 6 Month Bill ETF Stock Performance

Shares of NASDAQ XBIL opened at $50.04 on Friday. US Treasury 6 Month Bill ETF has a twelve month low of $49.99 and a twelve month high of $50.22. The company has a 50 day moving average of $50.09 and a 200 day moving average of $50.10.

US Treasury 6 Month Bill ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a $0.1479 dividend. The ex-dividend date of this dividend was Monday, June 29th. This is a positive change from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC boosted its position in shares of US Treasury 6 Month Bill ETF by 1,522.9% during the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock valued at $270,000 after buying an additional 5,056 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its position in US Treasury 6 Month Bill ETF by 52.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after buying an additional 7,295 shares during the last quarter. Ibex Wealth Advisors purchased a new position in US Treasury 6 Month Bill ETF in the 1st quarter worth about $504,000. Harbor Investment Advisory LLC raised its position in US Treasury 6 Month Bill ETF by 7.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock worth $1,504,000 after buying an additional 2,125 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in US Treasury 6 Month Bill ETF by 7.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock valued at $6,688,000 after acquiring an additional 9,003 shares during the period.

US Treasury 6 Month Bill ETF Company Profile

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. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.