US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 46.0% in March

US Treasury 6 Month Bill ETF (NASDAQ:XBILGet Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 6,100 shares, a decrease of 46.0% from the February 29th total of 11,300 shares. Based on an average daily trading volume, of 127,800 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC increased its position in shares of US Treasury 6 Month Bill ETF by 1,533.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 148,131 shares of the company’s stock valued at $7,402,000 after purchasing an additional 139,063 shares during the last quarter. F M Investments LLC increased its position in shares of US Treasury 6 Month Bill ETF by 240.1% during the 3rd quarter. F M Investments LLC now owns 41,747 shares of the company’s stock valued at $2,094,000 after purchasing an additional 29,471 shares during the last quarter. Eldridge Investment Advisors Inc. purchased a new stake in shares of US Treasury 6 Month Bill ETF during the 4th quarter valued at $652,000. Finally, Private Trust Co. NA increased its position in shares of US Treasury 6 Month Bill ETF by 200.0% during the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock valued at $45,000 after purchasing an additional 600 shares during the last quarter.

US Treasury 6 Month Bill ETF Price Performance

NASDAQ XBIL opened at $50.12 on Thursday. The business has a fifty day simple moving average of $50.04 and a 200 day simple moving average of $50.04. US Treasury 6 Month Bill ETF has a 12 month low of $49.88 and a 12 month high of $50.30.

US Treasury 6 Month Bill ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, March 5th. Investors of record on Monday, March 4th were given a $0.2113 dividend. This represents a $2.54 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date was Friday, March 1st.

US Treasury 6 Month Bill ETF Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for US Treasury 6 Month Bill ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Treasury 6 Month Bill ETF and related companies with MarketBeat.com's FREE daily email newsletter.