Short Interest in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Decreases By 41.0%

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 126,500 shares, a decline of 41.0% from the August 31st total of 214,500 shares. Based on an average daily volume of 1,882,400 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 1,882,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC raised its holdings in shares of US Treasury 3 Month Bill ETF by 16.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 69,086 shares of the company’s stock valued at $3,454,000 after buying an additional 9,744 shares during the period. Westside Investment Management Inc. raised its holdings in shares of US Treasury 3 Month Bill ETF by 18.8% during the 1st quarter. Westside Investment Management Inc. now owns 5,700 shares of the company’s stock valued at $285,000 after buying an additional 900 shares during the period. AdvisorNet Financial Inc raised its holdings in shares of US Treasury 3 Month Bill ETF by 72.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 104,610 shares of the company’s stock valued at $5,230,000 after buying an additional 44,034 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of US Treasury 3 Month Bill ETF by 10.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 448,958 shares of the company’s stock valued at $22,452,000 after buying an additional 42,621 shares during the period. Finally, Inlight Wealth Management LLC purchased a new stake in shares of US Treasury 3 Month Bill ETF during the 1st quarter valued at about $29,000.

US Treasury 3 Month Bill ETF Price Performance

NASDAQ TBIL opened at $49.87 on Tuesday. US Treasury 3 Month Bill ETF has a 1-year low of $49.81 and a 1-year high of $50.04. The business’s 50-day simple moving average is $49.93 and its 200-day simple moving average is $49.92.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Wednesday, October 1st were issued a dividend of $0.1639 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Wednesday, October 1st.

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.