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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 28,100 shares, a growth of 82.5% from the August 31st total of 15,400 shares. Based on an average daily trading volume, of 133,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of US Treasury 6 Month Bill ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Flow Traders U.S. LLC grew its stake in US Treasury 6 Month Bill ETF by 72.6% during the 1st quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock worth $3,214,000 after buying an additional 26,976 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of US Treasury 6 Month Bill ETF by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock valued at $834,000 after acquiring an additional 867 shares during the period. PVG Asset Management Corp purchased a new position in shares of US Treasury 6 Month Bill ETF during the second quarter worth approximately $473,000. Zions Bancorporation N.A. acquired a new position in shares of US Treasury 6 Month Bill ETF in the 2nd quarter valued at $426,000. Finally, Trivant Custom Portfolio Group LLC raised its position in US Treasury 6 Month Bill ETF by 140.4% in the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock valued at $60,000 after purchasing an additional 705 shares during the last quarter.

US Treasury 6 Month Bill ETF Stock Performance

Shares of US Treasury 6 Month Bill ETF stock opened at $50.21 on Friday. The company has a fifty day simple moving average of $50.08 and a 200-day simple moving average of $50.03. US Treasury 6 Month Bill ETF has a 12-month low of $49.83 and a 12-month high of $50.30.

US Treasury 6 Month Bill ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.2093 per share. This represents a $2.51 annualized dividend and a dividend yield of 5.00%. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.