US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Down 41.0% in September

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 126,500 shares, a decline of 41.0% from the August 31st total of 214,500 shares. Based on an average daily volume of 1,882,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,882,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Inlight Wealth Management LLC acquired a new position in US Treasury 3 Month Bill ETF in the first quarter valued at approximately $29,000. Wayfinding Financial LLC acquired a new position in US Treasury 3 Month Bill ETF in the first quarter valued at approximately $93,000. Creative Financial Designs Inc. ADV lifted its holdings in US Treasury 3 Month Bill ETF by 80.3% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,940 shares of the company’s stock valued at $97,000 after acquiring an additional 864 shares during the period. S.A. Mason LLC acquired a new position in US Treasury 3 Month Bill ETF in the second quarter valued at approximately $115,000. Finally, Vermillion & White Wealth Management Group LLC acquired a new position in US Treasury 3 Month Bill ETF in the second quarter valued at approximately $198,000.

US Treasury 3 Month Bill ETF Stock Up 0.0%

US Treasury 3 Month Bill ETF stock opened at $49.87 on Friday. US Treasury 3 Month Bill ETF has a 52 week low of $49.81 and a 52 week high of $50.04. The stock has a 50-day moving average price of $49.93 and a 200 day moving average price of $49.92.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Wednesday, October 1st were issued a $0.1639 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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.