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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 29,800 shares, a drop of 21.8% from the February 28th total of 38,100 shares. Based on an average daily trading volume, of 161,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in XBIL. Farther Finance Advisors LLC acquired a new stake in US Treasury 6 Month Bill ETF during the 4th quarter valued at $1,135,000. Janney Montgomery Scott LLC lifted its holdings in US Treasury 6 Month Bill ETF by 82.6% in the 4th 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 in the last quarter. Copia Wealth Management purchased a new position in US Treasury 6 Month Bill ETF in the 4th quarter valued at about $4,851,000. Finally, 49 Wealth Management LLC grew its stake in shares of US Treasury 6 Month Bill ETF by 46.9% during the fourth quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock valued at $13,869,000 after acquiring an additional 88,509 shares in the last quarter.

US Treasury 6 Month Bill ETF Trading Down 0.3 %

Shares of NASDAQ:XBIL opened at $50.01 on Wednesday. The business’s 50-day simple moving average is $50.11 and its 200 day simple moving average is $50.10. US Treasury 6 Month Bill ETF has a one year low of $49.87 and a one year high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.1737 per share. The ex-dividend date of this dividend is Tuesday, April 1st.

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.