Short Interest in SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Expands By 514.1%

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 220,867 shares, a growth of 514.1% from the June 30th total of 35,965 shares. Based on an average trading volume of 307,815 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the shares of the company are short sold.

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

A number of institutional investors and hedge funds have recently modified their holdings of BILS. Weaver Capital Management LLC lifted its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 213.8% in the 4th quarter. Weaver Capital Management LLC now owns 25,309 shares of the company’s stock worth $2,511,000 after acquiring an additional 17,244 shares during the period. Kera Capital Partners Inc. increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 170.0% during the first quarter. Kera Capital Partners Inc. now owns 265,419 shares of the company’s stock valued at $26,393,000 after purchasing an additional 167,113 shares during the period. Patten Group Inc. increased its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 83.7% during the fourth quarter. Patten Group Inc. now owns 21,413 shares of the company’s stock valued at $2,125,000 after purchasing an additional 9,754 shares during the period. Dakota Wealth Management raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 24.7% in the fourth quarter. Dakota Wealth Management now owns 32,100 shares of the company’s stock valued at $3,185,000 after purchasing an additional 6,362 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1.7% in the fourth quarter. UBS Group AG now owns 435,532 shares of the company’s stock valued at $43,213,000 after purchasing an additional 7,150 shares in the last quarter.

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

BILS traded up $0.03 on Friday, hitting $99.34. The company had a trading volume of 214,203 shares, compared to its average volume of 423,939. The company’s fifty day moving average price is $99.28 and its 200 day moving average price is $99.30. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1-year low of $99.08 and a 1-year high of $99.52.

SPDR Bloomberg 3-12 Month T-Bill ETF Company Profile

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.