US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Up 36.8% in November

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 507,500 shares, an increase of 36.8% from the November 15th total of 370,900 shares. Based on an average daily trading volume, of 1,294,400 shares, the short-interest ratio is presently 0.4 days.

US Treasury 3 Month Bill ETF Price Performance

Shares of NASDAQ TBIL traded up $0.03 during midday trading on Friday, hitting $49.95. 1,525,546 shares of the stock traded hands, compared to its average volume of 1,116,855. US Treasury 3 Month Bill ETF has a one year low of $49.81 and a one year high of $50.06. The firm has a 50-day moving average of $49.93 and a two-hundred day moving average of $49.93.

US Treasury 3 Month Bill ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1874 dividend. This represents a $2.25 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date was Friday, November 1st.

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

Large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its holdings in shares of US Treasury 3 Month Bill ETF by 48.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,583 shares of the company’s stock worth $79,000 after buying an additional 519 shares during the last quarter. SouthState Corp bought a new position in US Treasury 3 Month Bill ETF in the second quarter worth approximately $35,000. Creative Financial Designs Inc. ADV raised its position in 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 acquiring an additional 745 shares during the period. Transcendent Capital Group LLC boosted its stake in shares of US Treasury 3 Month Bill ETF by 14.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 14,837 shares of the company’s stock worth $742,000 after acquiring an additional 1,910 shares during the last quarter. Finally, Strategic Blueprint LLC grew its position in shares of US Treasury 3 Month Bill ETF by 57.6% during the 3rd quarter. Strategic Blueprint LLC now owns 8,017 shares of the company’s stock valued at $401,000 after acquiring an additional 2,930 shares during the period.

About US Treasury 3 Month Bill ETF

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.