US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Update

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 180,500 shares, a decline of 52.6% from the June 30th total of 381,200 shares. Based on an average daily volume of 1,062,900 shares, the days-to-cover ratio is currently 0.2 days.

US Treasury 3 Month Bill ETF Stock Up 0.0 %

NASDAQ:TBIL opened at $50.00 on Friday. US Treasury 3 Month Bill ETF has a 52-week low of $49.81 and a 52-week high of $50.10. The stock has a fifty day simple moving average of $49.93 and a 200-day simple moving average of $49.94.

US Treasury 3 Month Bill ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Monday, July 1st were given a dividend of $0.2184 per share. This represents a $2.62 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Trading of US Treasury 3 Month Bill ETF

Several institutional investors and hedge funds have recently modified their holdings of TBIL. Strategic Blueprint LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 2nd quarter worth approximately $254,000. Transcendent Capital Group LLC grew its holdings in US Treasury 3 Month Bill ETF by 1,746.7% during the 2nd quarter. Transcendent Capital Group LLC now owns 12,927 shares of the company’s stock valued at $647,000 after buying an additional 12,227 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in US Treasury 3 Month Bill ETF during the second quarter worth $2,466,000. Valeo Financial Advisors LLC acquired a new position in shares of US Treasury 3 Month Bill ETF in the second quarter worth $230,000. Finally, Kingswood Wealth Advisors LLC lifted its position in shares of US Treasury 3 Month Bill ETF by 13.5% in the second quarter. Kingswood Wealth Advisors LLC now owns 10,810 shares of the company’s stock valued at $541,000 after acquiring an additional 1,285 shares in the last quarter.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve.