US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Large Decrease in Short Interest

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 20,000 shares, a decline of 46.1% from the March 31st total of 37,100 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 196,100 shares, the short-interest ratio is currently 0.1 days.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

Shares of NASDAQ XBIL opened at $50.17 on Tuesday. The company’s 50-day simple moving average is $50.10 and its 200-day simple moving average is $50.10. US Treasury 6 Month Bill ETF has a 52-week low of $49.87 and a 52-week high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, April 1st were given a $0.1737 dividend. The ex-dividend date was Tuesday, April 1st.

Institutional Trading of US Treasury 6 Month Bill ETF

Several institutional investors have recently modified their holdings of the stock. 49 Wealth Management LLC grew its position in shares of US Treasury 6 Month Bill ETF by 46.9% in the fourth quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock valued at $13,869,000 after purchasing an additional 88,509 shares during the period. Copia Wealth Management acquired a new position in US Treasury 6 Month Bill ETF during the fourth quarter worth about $4,851,000. Janney Montgomery Scott LLC boosted its holdings in US Treasury 6 Month Bill ETF by 82.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock valued at $4,438,000 after purchasing an additional 40,123 shares during the last quarter. Alpine Bank Wealth Management purchased a new position in US Treasury 6 Month Bill ETF in the first quarter worth approximately $4,316,000. Finally, Farther Finance Advisors LLC acquired a new stake in US Treasury 6 Month Bill ETF during the fourth quarter worth $1,135,000.

US Treasury 6 Month Bill ETF Company Profile

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.