SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Short Interest Update

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 36,540 shares, a decline of 47.4% from the May 31st total of 69,498 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 335,686 shares, the days-to-cover ratio is currently 0.1 days.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Up 0.0%

Shares of NYSEARCA:BILS opened at $99.38 on Tuesday. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $99.08 and a twelve month high of $99.52. The stock’s 50 day moving average is $99.30 and its 200-day moving average is $99.30.

Institutional Trading of SPDR Bloomberg 3-12 Month T-Bill ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. ST Germain D J Co. Inc. raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% during the fourth quarter. ST Germain D J Co. Inc. now owns 1,629 shares of the company’s stock worth $162,000 after buying an additional 287 shares during the last quarter. Revisor Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter valued at about $201,000. Horizon Wealth Management LLC acquired a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the first quarter valued at about $215,000. Strategic Blueprint LLC bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth about $216,000. Finally, Claro Advisors Inc. bought a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth about $284,000.

About SPDR Bloomberg 3-12 Month T-Bill ETF

The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury bills with maturities between 3-12 months. BILS was launched on Sep 23, 2020 and is managed by State Street.