US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 48.9% in June

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 41,170 shares, a decline of 48.9% from the June 15th total of 80,640 shares. Based on an average trading volume of 93,054 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of US Treasury 6 Month Bill ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Alpine Bank Wealth Management lifted its stake in US Treasury 6 Month Bill ETF by 133.5% in the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock valued at $4,660,000 after acquiring an additional 53,215 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in US Treasury 6 Month Bill ETF by 86.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 27,932 shares of the company’s stock valued at $1,399,000 after buying an additional 12,911 shares in the last quarter. Ibex Wealth Advisors acquired a new stake in shares of US Treasury 6 Month Bill ETF in the first quarter worth about $504,000. Integrated Wealth Concepts LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 8.6% in the third quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock worth $6,253,000 after buying an additional 9,831 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its stake in shares of US Treasury 6 Month Bill ETF by 52.5% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after acquiring an additional 7,295 shares in the last quarter.

US Treasury 6 Month Bill ETF Price Performance

NASDAQ XBIL opened at $50.10 on Thursday. The company has a 50 day simple moving average of $50.08 and a 200-day simple moving average of $50.10. US Treasury 6 Month Bill ETF has a 52-week low of $49.99 and a 52-week high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a dividend of $0.1479 per share. This is an increase from US Treasury 6 Month Bill ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, June 29th.

About US Treasury 6 Month Bill ETF

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. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.