US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Up 124.6% in November

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 61,100 shares, an increase of 124.6% from the October 31st total of 27,200 shares. Based on an average trading volume of 145,200 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Trivant Custom Portfolio Group LLC grew its holdings in shares of US Treasury 6 Month Bill ETF by 140.4% in the second quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock valued at $60,000 after purchasing an additional 705 shares during the period. Zions Bancorporation N.A. acquired a new position in US Treasury 6 Month Bill ETF in the 2nd quarter valued at about $426,000. PVG Asset Management Corp acquired a new position in US Treasury 6 Month Bill ETF in the 2nd quarter valued at about $473,000. GoalVest Advisory LLC purchased a new stake in shares of US Treasury 6 Month Bill ETF in the 3rd quarter valued at approximately $828,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of US Treasury 6 Month Bill ETF by 5.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock worth $834,000 after buying an additional 867 shares during the last quarter.

US Treasury 6 Month Bill ETF Stock Performance

Shares of US Treasury 6 Month Bill ETF stock opened at $50.16 on Thursday. The stock’s 50 day simple moving average is $50.10 and its 200-day simple moving average is $50.05. US Treasury 6 Month Bill ETF has a 1-year low of $49.83 and a 1-year high of $50.21.

US Treasury 6 Month Bill ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1763 dividend. This represents a $2.12 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend was Friday, November 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.