Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Grows By 124.6%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 61,100 shares, a growth of 124.6% from the October 31st total of 27,200 shares. Based on an average daily volume of 145,200 shares, the short-interest ratio is currently 0.4 days.

US Treasury 6 Month Bill ETF Price Performance

NASDAQ:XBIL opened at $50.16 on Thursday. US Treasury 6 Month Bill ETF has a twelve month low of $49.83 and a twelve month high of $50.21. The company’s 50 day moving average is $50.10 and its two-hundred day moving average is $50.05.

US Treasury 6 Month Bill ETF Dividend Announcement

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

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Trivant Custom Portfolio Group LLC grew its stake in US Treasury 6 Month Bill ETF by 140.4% during the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock valued at $60,000 after purchasing an additional 705 shares during the last quarter. Zions Bancorporation N.A. acquired a new position in US Treasury 6 Month Bill ETF in the 2nd quarter worth approximately $426,000. PVG Asset Management Corp purchased a new position in US Treasury 6 Month Bill ETF during the 2nd quarter worth approximately $473,000. GoalVest Advisory LLC acquired a new stake in US Treasury 6 Month Bill ETF during the 3rd quarter valued at approximately $828,000. Finally, Bank of New York Mellon Corp lifted its stake in US Treasury 6 Month Bill ETF by 5.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock valued at $834,000 after acquiring an additional 867 shares during the period.

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.