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

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 241,600 shares, a drop of 38.3% from the October 15th total of 391,600 shares. Based on an average daily volume of 1,278,400 shares, the short-interest ratio is presently 0.2 days.

US Treasury 3 Month Bill ETF Stock Up 0.0 %

US Treasury 3 Month Bill ETF stock traded up $0.02 during midday trading on Friday, reaching $49.95. 1,111,096 shares of the company traded hands, compared to its average volume of 1,105,194. US Treasury 3 Month Bill ETF has a 12 month low of $49.81 and a 12 month high of $50.08. The business has a 50 day moving average of $49.94 and a two-hundred day moving average of $49.93.

US Treasury 3 Month Bill ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a dividend of $0.1874 per share. This represents a $2.25 annualized dividend and a dividend yield of 4.50%. The ex-dividend date was Friday, November 1st.

Institutional Trading of US Treasury 3 Month Bill ETF

Several large investors have recently added to or reduced their stakes in the business. SouthState Corp bought a new position in shares of US Treasury 3 Month Bill ETF during the 2nd quarter valued at approximately $35,000. EverSource Wealth Advisors LLC bought a new position in shares of US Treasury 3 Month Bill ETF in the first quarter worth approximately $53,000. Creative Financial Designs Inc. ADV increased its stake in shares of US Treasury 3 Month Bill ETF by 102.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,472 shares of the company’s stock worth $74,000 after purchasing an additional 745 shares in the last quarter. Verity Asset Management Inc. purchased a new stake in shares of US Treasury 3 Month Bill ETF in the third quarter worth $219,000. Finally, Valeo Financial Advisors LLC bought a new stake in shares of US Treasury 3 Month Bill ETF during the 2nd quarter valued at $230,000.

About US Treasury 3 Month Bill ETF

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.