US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 21.8% in March

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 29,800 shares, a decrease of 21.8% from the February 28th total of 38,100 shares. Based on an average trading volume of 161,100 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

Shares of NASDAQ XBIL opened at $50.17 on Monday. The firm’s 50 day moving average price is $50.11 and its 200-day moving average price is $50.10. US Treasury 6 Month Bill ETF has a 52-week low of $49.83 and a 52-week high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1739 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

A number of large investors have recently added to or reduced their stakes in XBIL. Copia Wealth Management purchased a new position in US Treasury 6 Month Bill ETF in the fourth quarter worth about $4,851,000. 49 Wealth Management LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 46.9% in the 4th quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock worth $13,869,000 after purchasing an additional 88,509 shares during the period. Janney Montgomery Scott LLC boosted its holdings 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 buying an additional 40,123 shares during the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in US Treasury 6 Month Bill ETF during the fourth quarter valued at approximately $1,135,000.

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.