Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Rises By 436.4%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 41,300 shares, a growth of 436.4% from the May 31st total of 7,700 shares. Based on an average daily volume of 124,900 shares, the short-interest ratio is currently 0.3 days.

US Treasury 6 Month Bill ETF Price Performance

US Treasury 6 Month Bill ETF stock opened at $50.07 on Friday. The firm has a fifty day simple moving average of $50.00 and a two-hundred day simple moving average of $50.02. US Treasury 6 Month Bill ETF has a twelve month low of $49.83 and a twelve month high of $50.30.

US Treasury 6 Month Bill ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, June 4th. Shareholders of record on Monday, June 3rd were paid a $0.2181 dividend. The ex-dividend date was Monday, June 3rd. This represents a $2.62 dividend on an annualized basis and a yield of 5.23%.

Institutional Trading of US Treasury 6 Month Bill ETF

Several hedge funds and other institutional investors have recently bought and sold shares of XBIL. Janney Montgomery Scott LLC increased its stake in shares of US Treasury 6 Month Bill ETF by 1,533.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 148,131 shares of the company’s stock worth $7,402,000 after buying an additional 139,063 shares during the period. Flow Traders U.S. LLC grew its stake in shares of US Treasury 6 Month Bill ETF by 72.6% in the first quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock worth $3,214,000 after purchasing an additional 26,976 shares during the last quarter. Eldridge Investment Advisors Inc. bought a new position in US Treasury 6 Month Bill ETF during the 4th quarter valued at approximately $652,000. Private Trust Co. NA lifted its holdings in US Treasury 6 Month Bill ETF by 200.0% in the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $45,000 after buying an additional 600 shares during the period. Finally, Trivant Custom Portfolio Group LLC grew its position in shares of US Treasury 6 Month Bill ETF by 178.9% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 502 shares of the company’s stock worth $25,000 after buying an additional 322 shares during the last quarter.

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.