US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Update

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 370,900 shares, a growth of 53.5% from the October 31st total of 241,600 shares. Based on an average daily volume of 1,301,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TBIL. SouthState Corp purchased a new position in shares of US Treasury 3 Month Bill ETF in the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC purchased a new position in shares of US Treasury 3 Month Bill ETF in the 1st quarter worth approximately $53,000. Creative Financial Designs Inc. ADV grew its position in shares of US Treasury 3 Month Bill ETF by 102.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,472 shares of the company’s stock worth $74,000 after buying an additional 745 shares during the last quarter. Verity Asset Management Inc. acquired a new stake in US Treasury 3 Month Bill ETF in the 3rd quarter worth approximately $219,000. Finally, Valeo Financial Advisors LLC acquired a new stake in US Treasury 3 Month Bill ETF in the 2nd quarter worth approximately $230,000.

US Treasury 3 Month Bill ETF Trading Up 0.0 %

NASDAQ TBIL traded up $0.01 during trading on Friday, reaching $50.01. 1,224,204 shares of the company’s stock traded hands, compared to its average volume of 1,106,137. The company’s 50 day simple moving average is $49.95 and its two-hundred day simple moving average is $49.94. US Treasury 3 Month Bill ETF has a 12-month low of $49.81 and a 12-month high of $50.08.

US Treasury 3 Month Bill ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a $0.1874 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date was Friday, November 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.