US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Update

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 27,200 shares, a drop of 23.8% from the October 15th total of 35,700 shares. Based on an average daily trading volume, of 139,000 shares, the days-to-cover ratio is currently 0.2 days.

US Treasury 6 Month Bill ETF Price Performance

Shares of NASDAQ XBIL opened at $50.09 on Friday. US Treasury 6 Month Bill ETF has a 12 month low of $49.83 and a 12 month high of $50.21. The business has a fifty day simple moving average of $50.10 and a 200-day simple moving average of $50.04.

US Treasury 6 Month Bill ETF Announces Dividend

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

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 140.4% in the second quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock worth $60,000 after buying an additional 705 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 approximately $426,000. PVG Asset Management Corp bought a new position in US Treasury 6 Month Bill ETF in the second quarter worth $473,000. GoalVest Advisory LLC acquired a new stake in shares of US Treasury 6 Month Bill ETF during the 3rd quarter valued at about $828,000. Finally, Bank of New York Mellon Corp grew its stake in shares of US Treasury 6 Month Bill ETF by 5.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock valued at $834,000 after purchasing 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.