US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Up 500.0% in April

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 1,200 shares, an increase of 500.0% from the March 31st total of 200 shares. Based on an average trading volume of 112,800 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Private Trust Co. NA raised its holdings in shares of US Treasury 6 Month Bill ETF by 200.0% during the fourth quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $45,000 after acquiring an additional 600 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in US Treasury 6 Month Bill ETF in the 3rd quarter worth about $455,000. F M Investments LLC raised its stake 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 worth $2,094,000 after purchasing an additional 29,471 shares in the last quarter. Trivant Custom Portfolio Group LLC lifted its holdings in shares of US Treasury 6 Month Bill ETF by 178.9% during the 1st quarter. Trivant Custom Portfolio Group LLC now owns 502 shares of the company’s stock valued at $25,000 after buying an additional 322 shares during the last quarter. Finally, Eldridge Investment Advisors Inc. bought a new stake in shares of US Treasury 6 Month Bill ETF in the 4th quarter valued at approximately $652,000.

US Treasury 6 Month Bill ETF Price Performance

NASDAQ XBIL opened at $50.07 on Friday. The company has a 50 day simple moving average of $50.02 and a 200-day simple moving average of $50.04. US Treasury 6 Month Bill ETF has a 52-week low of $49.83 and a 52-week high of $50.30.

US Treasury 6 Month Bill ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Tuesday, April 2nd were given a $0.2153 dividend. The ex-dividend date was Monday, April 1st. This represents a $2.58 dividend on an annualized basis and a yield of 5.16%.

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.