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 target of a large decline in short interest in March. As of March 15th, there was short interest totalling 29,800 shares, a decline of 21.8% from the February 28th total of 38,100 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 161,100 shares, the short-interest ratio is presently 0.2 days.

US Treasury 6 Month Bill ETF Stock Performance

Shares of NASDAQ:XBIL opened at $50.17 on Tuesday. US Treasury 6 Month Bill ETF has a 1 year low of $49.83 and a 1 year high of $50.21. The stock has a 50-day simple moving average of $50.11 and a 200-day simple moving average of $50.10.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were given a $0.1739 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

A number of hedge funds have recently made changes to their positions in the business. Copia Wealth Management acquired a new stake in US Treasury 6 Month Bill ETF in the 4th quarter valued at $4,851,000. 49 Wealth Management LLC raised its holdings in shares of US Treasury 6 Month Bill ETF by 46.9% during the 4th quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock valued at $13,869,000 after buying an additional 88,509 shares during the period. Farther Finance Advisors LLC acquired a new position in US Treasury 6 Month Bill ETF during the 4th quarter worth approximately $1,135,000. Finally, Janney Montgomery Scott LLC boosted its holdings in US Treasury 6 Month Bill ETF by 82.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock worth $4,438,000 after acquiring an additional 40,123 shares during the period.

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.