SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) Short Interest Update

SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 9,511,213 shares, a growth of 20.3% from the March 15th total of 7,904,960 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average trading volume of 15,289,824 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BIL. Ashton Thomas Securities LLC bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at approximately $25,000. Atlantic Union Bankshares Corp raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after buying an additional 119 shares during the last quarter. City Holding Co. raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the 3rd quarter. City Holding Co. now owns 310 shares of the company’s stock valued at $28,000 after buying an additional 270 shares during the last quarter. Westwind Capital bought a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at approximately $28,000. Finally, GPS Wealth Strategies Group LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock valued at $36,000 after buying an additional 126 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Price Performance

BIL stock opened at $91.55 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78. The firm has a 50-day moving average price of $91.51 and a 200-day moving average price of $91.52.

SPDR Bloomberg 1-3 Month T-Bill ETF Company Profile

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.