F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) Stock Short Interest Rises 1,183.7%

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 7,651 shares, a growth of 1,183.7% from the October 15th total of 596 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 16,155 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Rock Creek Group LLC bought a new stake in shares of F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF in the 3rd quarter worth approximately $52,412,000. HORAN Wealth LLC bought a new position in shares of F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF during the second quarter valued at approximately $590,000. Finally, Farther Finance Advisors LLC purchased a new stake in F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF in the third quarter worth $71,000.

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF Price Performance

Shares of RBIL stock traded up $0.04 during mid-day trading on Thursday, reaching $49.92. The stock had a trading volume of 11,230 shares, compared to its average volume of 32,698. The stock’s 50-day moving average price is $49.97 and its two-hundred day moving average price is $49.96. F/m Ultrashort Treasury Inflation-Protected Security has a 52-week low of $49.58 and a 52-week high of $50.77.

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 19th. Investors of record on Friday, October 16th were issued a dividend of $0.2305 per share. The ex-dividend date was Friday, October 16th. This represents a $2.77 dividend on an annualized basis and a yield of 5.5%. This is a drop from F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF’s previous monthly dividend of $0.2455.

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF Company Profile

There is no description available for this ETF.