US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Up 356.8% in September

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 16,900 shares, an increase of 356.8% from the August 31st total of 3,700 shares. Based on an average daily trading volume, of 133,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 133,900 shares, the days-to-cover ratio is currently 0.1 days.

US Treasury 6 Month Bill ETF Stock Performance

Shares of US Treasury 6 Month Bill ETF stock opened at $50.05 on Friday. The firm has a 50-day simple moving average of $50.11 and a two-hundred day simple moving average of $50.09. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.90 and a fifty-two week high of $50.21.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 2nd. Shareholders of record on Wednesday, October 1st were given a dividend of $0.1589 per share. The ex-dividend date was Wednesday, October 1st.

Institutional Trading of US Treasury 6 Month Bill ETF

Several institutional investors have recently bought and sold shares of the business. Financial Gravity Asset Management Inc. purchased a new stake in shares of US Treasury 6 Month Bill ETF in the first quarter valued at approximately $31,000. NBC Securities Inc. grew its stake in US Treasury 6 Month Bill ETF by 99,900.0% in the 1st quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock valued at $50,000 after acquiring an additional 999 shares during the period. Alpine Bank Wealth Management purchased a new stake in US Treasury 6 Month Bill ETF in the 1st quarter worth $4,316,000. Integrated Wealth Concepts LLC increased its holdings in US Treasury 6 Month Bill ETF by 26.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 105,305 shares of the company’s stock worth $5,283,000 after acquiring an additional 22,007 shares in the last quarter. Finally, 49 Wealth Management LLC raised its position in US Treasury 6 Month Bill ETF by 0.8% during the first quarter. 49 Wealth Management LLC now owns 279,387 shares of the company’s stock worth $14,017,000 after acquiring an additional 2,206 shares during the period.

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.