Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Expands By 22.9%

US Treasury 6 Month Bill ETF (NASDAQ:XBILGet Free Report) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 38,100 shares, a growth of 22.9% from the February 13th total of 31,000 shares. Based on an average daily trading volume, of 151,200 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

US Treasury 6 Month Bill ETF Stock Up 0.0 %

Shares of NASDAQ:XBIL opened at $50.12 on Wednesday. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.83 and a fifty-two week high of $50.21. The firm has a 50-day simple moving average of $50.10 and a 200 day simple moving average of $50.10.

US Treasury 6 Month Bill ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were given a $0.1739 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in US Treasury 6 Month Bill ETF during the 4th quarter valued at about $1,135,000. Janney Montgomery Scott LLC increased its position in shares of US Treasury 6 Month Bill ETF by 82.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock worth $4,438,000 after acquiring an additional 40,123 shares in the last quarter. Copia Wealth Management acquired a new position in shares of US Treasury 6 Month Bill ETF in the 4th quarter valued at about $4,851,000. Finally, 49 Wealth Management LLC grew its stake in US Treasury 6 Month Bill ETF by 14.4% in the third quarter. 49 Wealth Management LLC now owns 188,672 shares of the company’s stock valued at $9,471,000 after purchasing an additional 23,792 shares in the last quarter.

About US Treasury 6 Month Bill ETF

(Get Free Report)

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.

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