US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 52.2% in December

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 10,800 shares, a decline of 52.2% from the November 30th total of 22,600 shares. Based on an average daily volume of 146,500 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp increased its position in US Treasury 6 Month Bill ETF by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock worth $834,000 after purchasing an additional 867 shares during the last quarter. Zions Bancorporation N.A. bought a new stake in shares of US Treasury 6 Month Bill ETF in the 2nd quarter worth about $426,000. PVG Asset Management Corp purchased a new position in shares of US Treasury 6 Month Bill ETF during the 2nd quarter worth about $473,000. GoalVest Advisory LLC bought a new stake in US Treasury 6 Month Bill ETF in the third quarter worth about $828,000. Finally, 49 Wealth Management LLC boosted its position in shares of 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 valued at $9,471,000 after buying an additional 23,792 shares during the period.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

Shares of NASDAQ XBIL opened at $50.17 on Friday. US Treasury 6 Month Bill ETF has a 1 year low of $49.83 and a 1 year high of $50.21. The company’s 50-day moving average is $50.10 and its 200 day moving average is $50.07.

US Treasury 6 Month Bill ETF Announces Dividend

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

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.