US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Shares Shorted: Short Interest Up 139.7% in September

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 107,108 shares, an increase of 139.7% from the September 15th total of 44,685 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 120,538 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Harbor Investment Advisory LLC grew its position in US Treasury 6 Month Bill ETF by 17.5% during the second quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock valued at $1,765,000 after acquiring an additional 5,248 shares during the period. NewEdge Advisors LLC increased 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 acquiring an additional 5,056 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its holdings in shares of 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 purchasing an additional 7,295 shares during the period. Finally, Ibex Wealth Advisors purchased a new position in shares of US Treasury 6 Month Bill ETF in the 1st quarter worth about $504,000.

US Treasury 6 Month Bill ETF Stock Performance

Shares of XBIL opened at $50.05 on Thursday. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.93 and a fifty-two week high of $50.22. The company’s fifty day moving average is $50.07 and its two-hundred day moving average is $50.08.

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.