US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Update

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 61,100 shares, a growth of 124.6% from the October 31st total of 27,200 shares. Based on an average daily volume of 145,200 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Trivant Custom Portfolio Group LLC grew its position in US Treasury 6 Month Bill ETF by 140.4% during the second quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock worth $60,000 after buying an additional 705 shares during the period. Bank of New York Mellon Corp increased its stake in US Treasury 6 Month Bill ETF by 5.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock valued at $834,000 after purchasing an additional 867 shares in the last quarter. Zions Bancorporation N.A. acquired a new position in US Treasury 6 Month Bill ETF during the second quarter worth $426,000. PVG Asset Management Corp purchased a new stake in US Treasury 6 Month Bill ETF during the second quarter worth $473,000. Finally, GoalVest Advisory LLC acquired a new stake in US Treasury 6 Month Bill ETF in the third quarter valued at $828,000.

US Treasury 6 Month Bill ETF Price Performance

XBIL opened at $50.16 on Friday. US Treasury 6 Month Bill ETF has a 12 month low of $49.83 and a 12 month high of $50.21. The business has a 50 day simple moving average of $50.10 and a 200-day simple moving average of $50.06.

US Treasury 6 Month Bill ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1763 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date was Friday, November 1st.

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.