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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 69,900 shares, a growth of 547.2% from the December 15th total of 10,800 shares. Based on an average trading volume of 143,300 shares, the days-to-cover ratio is presently 0.5 days.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

XBIL stock traded up $0.02 during midday trading on Monday, reaching $50.10. The stock had a trading volume of 70,608 shares, compared to its average volume of 112,130. US Treasury 6 Month Bill ETF has a 52-week low of $49.83 and a 52-week high of $50.21. The company’s fifty day simple moving average is $50.09 and its 200 day simple moving average is $50.07.

US Treasury 6 Month Bill ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a dividend of $0.1796 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of US Treasury 6 Month Bill ETF

Several institutional investors and hedge funds have recently bought and sold shares of XBIL. Zions Bancorporation N.A. purchased a new position in shares of US Treasury 6 Month Bill ETF in the 2nd quarter valued at $426,000. PVG Asset Management Corp acquired a new stake in shares of US Treasury 6 Month Bill ETF in the second quarter valued at approximately $473,000. GoalVest Advisory LLC purchased a new position in shares of US Treasury 6 Month Bill ETF during the third quarter worth approximately $828,000. Bank of New York Mellon Corp increased its holdings in shares of US Treasury 6 Month Bill ETF by 5.5% in the 2nd 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. Finally, 49 Wealth Management LLC raised its position in US Treasury 6 Month Bill ETF by 14.4% in the 3rd 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 during the last quarter.

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.