US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 23.8% in October

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 27,200 shares, a decline of 23.8% from the October 15th total of 35,700 shares. Based on an average daily trading volume, of 139,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of US Treasury 6 Month Bill ETF

Hedge funds have recently bought and sold shares of the business. 49 Wealth Management LLC raised its holdings in US Treasury 6 Month Bill ETF by 14.4% during the third quarter. 49 Wealth Management LLC now owns 188,672 shares of the company’s stock worth $9,471,000 after buying an additional 23,792 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of US Treasury 6 Month Bill ETF by 72.6% during the first quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock worth $3,214,000 after acquiring an additional 26,976 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of US Treasury 6 Month Bill ETF by 5.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock worth $834,000 after acquiring an additional 867 shares during the last quarter. GoalVest Advisory LLC bought a new position in US Treasury 6 Month Bill ETF in the 3rd quarter valued at about $828,000. Finally, PVG Asset Management Corp bought a new position in US Treasury 6 Month Bill ETF in the 2nd quarter valued at about $473,000.

US Treasury 6 Month Bill ETF Stock Up 0.0 %

XBIL stock opened at $50.09 on Friday. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.83 and a fifty-two week high of $50.21. The stock’s 50 day simple moving average is $50.09 and its 200 day simple moving average is $50.04.

US Treasury 6 Month Bill ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a dividend of $0.1763 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend was Friday, November 1st.

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.