US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 21.8% in March

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 29,800 shares, a decrease of 21.8% from the February 28th total of 38,100 shares. Based on an average trading volume of 161,100 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Copia Wealth Management acquired a new stake in shares of US Treasury 6 Month Bill ETF in the fourth quarter worth $4,851,000. 49 Wealth Management LLC boosted its holdings in US Treasury 6 Month Bill ETF by 46.9% in the fourth quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock valued at $13,869,000 after purchasing an additional 88,509 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in US Treasury 6 Month Bill ETF during the 4th quarter worth about $1,135,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of US Treasury 6 Month Bill ETF by 82.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock valued at $4,438,000 after buying an additional 40,123 shares during the last quarter.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

US Treasury 6 Month Bill ETF stock opened at $50.17 on Monday. US Treasury 6 Month Bill ETF has a one year low of $49.83 and a one year high of $50.21. The stock has a 50-day moving average of $50.11 and a two-hundred day moving average of $50.10.

US Treasury 6 Month Bill ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1739 per share. The ex-dividend date was Monday, March 3rd.

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.