Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Drops By 69.8%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 20,569 shares, a decrease of 69.8% from the July 30th total of 68,093 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 84,365 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Ibex Wealth Advisors bought a new position in shares of US Treasury 6 Month Bill ETF during the 1st quarter valued at approximately $504,000. Harbor Investment Advisory LLC lifted its position in US Treasury 6 Month Bill ETF by 7.6% in the first 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. Integrated Wealth Concepts LLC lifted its position in US Treasury 6 Month Bill ETF by 7.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock worth $6,688,000 after buying an additional 9,003 shares during the last quarter. NewEdge Advisors LLC boosted its stake in 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 worth $270,000 after buying an additional 5,056 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its stake in US Treasury 6 Month Bill ETF by 52.5% during the first 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 period.

US Treasury 6 Month Bill ETF Stock Performance

XBIL opened at $50.02 on Friday. The firm’s fifty day moving average is $50.08 and its 200 day moving average is $50.09. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 27th were paid a $0.1589 dividend. This is a positive change from US Treasury 6 Month Bill ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Thursday, August 27th.

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.