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

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 696,910 shares, a growth of 558.2% from the April 15th total of 105,879 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,880,300 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of US Treasury 3 Month Bill ETF

Hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC grew its stake in shares of US Treasury 3 Month Bill ETF by 3.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 490,591 shares of the company’s stock worth $24,530,000 after acquiring an additional 16,533 shares in the last quarter. Ibex Wealth Advisors grew its stake in shares of US Treasury 3 Month Bill ETF by 11.3% during the 4th quarter. Ibex Wealth Advisors now owns 326,600 shares of the company’s stock worth $16,291,000 after acquiring an additional 33,279 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of US Treasury 3 Month Bill ETF by 75.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 265,113 shares of the company’s stock worth $13,256,000 after acquiring an additional 113,730 shares in the last quarter. Wealthquest Corp grew its stake in shares of US Treasury 3 Month Bill ETF by 10.9% during the 4th quarter. Wealthquest Corp now owns 250,202 shares of the company’s stock worth $12,480,000 after acquiring an additional 24,626 shares in the last quarter. Finally, Alpine Bank Wealth Management grew its stake in shares of US Treasury 3 Month Bill ETF by 28.5% during the 4th quarter. Alpine Bank Wealth Management now owns 222,955 shares of the company’s stock worth $11,121,000 after acquiring an additional 49,494 shares in the last quarter.

US Treasury 3 Month Bill ETF Stock Performance

TBIL stock traded up $0.02 during mid-day trading on Thursday, hitting $49.93. 1,367,544 shares of the company were exchanged, compared to its average volume of 2,271,416. The firm’s 50 day simple moving average is $49.92 and its 200 day simple moving average is $49.93. US Treasury 3 Month Bill ETF has a 1-year low of $49.81 and a 1-year high of $50.02.

US Treasury 3 Month Bill ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, April 29th. Shareholders of record on Tuesday, April 28th were issued a dividend of $0.147 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Tuesday, April 28th.

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. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.