Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Short Interest Up 91.5% in December

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 87,513 shares, an increase of 91.5% from the November 30th total of 45,693 shares. Based on an average daily trading volume, of 390,015 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 390,015 shares, the days-to-cover ratio is currently 0.2 days.

Global X 1-3 Month T-Bill ETF Price Performance

Shares of Global X 1-3 Month T-Bill ETF stock traded up $0.01 on Monday, hitting $100.39. The company’s stock had a trading volume of 183,259 shares, compared to its average volume of 231,260. Global X 1-3 Month T-Bill ETF has a 52-week low of $100.02 and a 52-week high of $100.47. The firm has a fifty day moving average price of $100.27 and a 200-day moving average price of $100.26.

Institutional Trading of Global X 1-3 Month T-Bill ETF

Several large investors have recently modified their holdings of CLIP. AE Wealth Management LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $51,000. Compass Financial Services Inc grew its holdings in Global X 1-3 Month T-Bill ETF by 49.0% during the 3rd quarter. Compass Financial Services Inc now owns 626 shares of the company’s stock valued at $63,000 after buying an additional 206 shares during the last quarter. WPG Advisers LLC purchased a new position in Global X 1-3 Month T-Bill ETF during the first quarter worth $142,000. Geneos Wealth Management Inc. raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 40.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,760 shares of the company’s stock worth $177,000 after acquiring an additional 510 shares during the last quarter. Finally, Golden State Equity Partners acquired a new position in shares of Global X 1-3 Month T-Bill ETF in the third quarter worth $202,000.

About Global X 1-3 Month T-Bill ETF

The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.