US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Stock Short Interest Falls 82.5%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 24,601 shares, a decline of 82.5% from the October 15th total of 140,604 shares. Based on an average trading volume of 100,093 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in shares of US Treasury 6 Month Bill ETF by 1,522.9% in the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock valued at $270,000 after purchasing an additional 5,056 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. boosted its stake in US Treasury 6 Month Bill ETF by 52.5% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after purchasing an additional 7,295 shares during the period. Harbor Investment Advisory LLC grew its holdings in US Treasury 6 Month Bill ETF by 17.5% in the 2nd quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock valued at $1,765,000 after buying an additional 5,248 shares during the last quarter. Finally, Alpine Bank Wealth Management grew its holdings in US Treasury 6 Month Bill ETF by 10.6% in the 3rd quarter. Alpine Bank Wealth Management now owns 163,512 shares of the company’s stock valued at $8,172,000 after buying an additional 15,642 shares during the last quarter.

US Treasury 6 Month Bill ETF Stock Up 0.0%

Shares of XBIL opened at $50.05 on Friday. The firm’s 50 day moving average price is $50.05 and its 200 day moving average price is $50.08. US Treasury 6 Month Bill ETF has a twelve month low of $49.93 and a twelve month high of $50.22.

About US Treasury 6 Month Bill ETF

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.