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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 16,900 shares, an increase of 356.8% from the August 31st total of 3,700 shares. Based on an average trading volume of 133,900 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 133,900 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Several hedge funds and other institutional investors have recently made changes to their positions in XBIL. NBC Securities Inc. lifted its position in shares of US Treasury 6 Month Bill ETF by 99,900.0% in the first quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock valued at $50,000 after acquiring an additional 999 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in shares of US Treasury 6 Month Bill ETF in the first quarter valued at approximately $4,316,000. 49 Wealth Management LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 0.8% in the first quarter. 49 Wealth Management LLC now owns 279,387 shares of the company’s stock valued at $14,017,000 after acquiring an additional 2,206 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of US Treasury 6 Month Bill ETF in the first quarter valued at approximately $31,000. Finally, Integrated Wealth Concepts LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 26.4% in the first quarter. Integrated Wealth Concepts LLC now owns 105,305 shares of the company’s stock valued at $5,283,000 after acquiring an additional 22,007 shares in the last quarter.

US Treasury 6 Month Bill ETF Stock Performance

NASDAQ XBIL opened at $50.07 on Friday. The stock’s 50 day simple moving average is $50.11 and its 200-day simple moving average is $50.09. US Treasury 6 Month Bill ETF has a 1-year low of $49.90 and a 1-year high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, October 2nd. Stockholders of record on Wednesday, October 1st were given a $0.1589 dividend. The ex-dividend date was Wednesday, October 1st.

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.