US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Update

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 60,975 shares, a growth of 196.4% from the August 15th total of 20,569 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 96,197 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Hedge funds have recently modified their holdings of the company. Harbor Investment Advisory LLC grew its holdings in US Treasury 6 Month Bill ETF by 7.6% during the first quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock valued at $1,504,000 after purchasing an additional 2,125 shares during the period. NewEdge Advisors LLC boosted its stake in US Treasury 6 Month Bill ETF by 1,522.9% during the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock valued at $270,000 after buying an additional 5,056 shares during the period. Marshall & Sterling Wealth Advisors Inc. grew its stake in US Treasury 6 Month Bill ETF by 52.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after buying an additional 7,295 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of US Treasury 6 Month Bill ETF by 7.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock valued at $6,688,000 after buying an additional 9,003 shares in the last quarter. Finally, Ibex Wealth Advisors bought a new stake in shares of US Treasury 6 Month Bill ETF during the 1st quarter worth $504,000.

US Treasury 6 Month Bill ETF Price Performance

XBIL stock traded up $0.01 during midday trading on Monday, hitting $50.06. The stock had a trading volume of 125,423 shares, compared to its average volume of 116,779. US Treasury 6 Month Bill ETF has a 1-year low of $49.98 and a 1-year high of $50.22. The business has a fifty day moving average price of $50.08 and a two-hundred day moving average price of $50.09.

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