Short Interest in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Grows By 85.9%

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 753,200 shares, a growth of 85.9% from the January 31st total of 405,100 shares. Based on an average daily trading volume, of 1,395,500 shares, the short-interest ratio is presently 0.5 days.

US Treasury 3 Month Bill ETF Trading Down 0.3 %

US Treasury 3 Month Bill ETF stock opened at $49.85 on Tuesday. US Treasury 3 Month Bill ETF has a one year low of $49.81 and a one year high of $50.05. The stock has a 50-day moving average of $49.94 and a two-hundred day moving average of $49.94.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 4th. Investors of record on Monday, March 3rd will be given a $0.1728 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

Institutional Trading of US Treasury 3 Month Bill ETF

A number of institutional investors have recently bought and sold shares of TBIL. Creative Financial Designs Inc. ADV raised its holdings in shares of US Treasury 3 Month Bill ETF by 102.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,472 shares of the company’s stock worth $74,000 after buying an additional 745 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of US Treasury 3 Month Bill ETF by 15.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,532 shares of the company’s stock valued at $176,000 after acquiring an additional 470 shares during the period. Verity Asset Management Inc. purchased a new position in US Treasury 3 Month Bill ETF in the 3rd quarter worth $219,000. Strategic Advocates LLC lifted its position in US Treasury 3 Month Bill ETF by 13.6% during the 4th quarter. Strategic Advocates LLC now owns 5,170 shares of the company’s stock worth $258,000 after acquiring an additional 620 shares during the period. Finally, Lindbrook Capital LLC purchased a new stake in US Treasury 3 Month Bill ETF during the 3rd quarter valued at about $284,000.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve.