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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 69,900 shares, a growth of 547.2% from the December 31st total of 10,800 shares. Based on an average daily trading volume, of 143,300 shares, the days-to-cover ratio is presently 0.5 days.

US Treasury 6 Month Bill ETF Price Performance

Shares of XBIL stock traded up $0.01 during trading hours on Tuesday, reaching $50.18. The company had a trading volume of 34,758 shares, compared to its average volume of 110,865. The stock’s fifty day simple moving average is $50.10 and its 200 day simple moving average is $50.09. US Treasury 6 Month Bill ETF has a twelve month low of $49.83 and a twelve month high of $50.21.

US Treasury 6 Month Bill ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were given a $0.1796 dividend. The ex-dividend date was Monday, December 30th.

Institutional Trading of US Treasury 6 Month Bill ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. PVG Asset Management Corp acquired a new stake in US Treasury 6 Month Bill ETF during the second quarter valued at approximately $473,000. 49 Wealth Management LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 14.4% in the 3rd quarter. 49 Wealth Management LLC now owns 188,672 shares of the company’s stock worth $9,471,000 after acquiring an additional 23,792 shares during the period. GoalVest Advisory LLC acquired a new stake in US Treasury 6 Month Bill ETF during the third quarter valued at approximately $828,000. Finally, Janney Montgomery Scott LLC grew its stake in US Treasury 6 Month Bill ETF by 82.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock worth $4,438,000 after buying an additional 40,123 shares during the last quarter.

US Treasury 6 Month Bill ETF Company Profile

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.