US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Down 50.2% in March

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 456,800 shares, a drop of 50.2% from the February 28th total of 917,600 shares. Based on an average daily volume of 1,599,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the company’s stock are sold short.

US Treasury 3 Month Bill ETF Price Performance

Shares of TBIL stock opened at $49.99 on Friday. US Treasury 3 Month Bill ETF has a 52-week low of $49.81 and a 52-week high of $50.05. The company has a 50-day simple moving average of $49.94 and a two-hundred day simple moving average of $49.94.

US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were given a dividend of $0.1728 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of US Treasury 3 Month Bill ETF

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its stake in US Treasury 3 Month Bill ETF by 15.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,532 shares of the company’s stock valued at $176,000 after purchasing an additional 470 shares during the period. Strategic Advocates LLC grew its position in US Treasury 3 Month Bill ETF by 13.6% during the fourth quarter. Strategic Advocates LLC now owns 5,170 shares of the company’s stock valued at $258,000 after buying an additional 620 shares during the period. Strategic Blueprint LLC grew its position in US Treasury 3 Month Bill ETF by 5.3% during the fourth quarter. Strategic Blueprint LLC now owns 8,442 shares of the company’s stock valued at $421,000 after buying an additional 425 shares during the period. Fiduciary Alliance LLC purchased a new stake in US Treasury 3 Month Bill ETF during the fourth quarter worth about $656,000. Finally, Flow Traders U.S. LLC bought a new stake in US Treasury 3 Month Bill ETF in the third quarter worth about $957,000.

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.