US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Significant Increase in Short Interest

US Treasury 6 Month Bill ETF (NASDAQ:XBILGet Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 69,900 shares, an increase of 547.2% from the December 31st total of 10,800 shares. Based on an average daily volume of 143,300 shares, the days-to-cover ratio is presently 0.5 days.

US Treasury 6 Month Bill ETF Stock Performance

NASDAQ XBIL opened at $50.19 on Wednesday. The stock’s 50 day moving average is $50.10 and its 200 day moving average is $50.09. US Treasury 6 Month Bill ETF has a twelve month low of $49.83 and a twelve month high of $50.21.

US Treasury 6 Month Bill ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a dividend of $0.1796 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of US Treasury 6 Month Bill ETF

A number of hedge funds and other institutional investors have recently modified their holdings of XBIL. Janney Montgomery Scott LLC boosted its stake in US Treasury 6 Month Bill ETF by 82.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock worth $4,438,000 after acquiring an additional 40,123 shares in the last quarter. 49 Wealth Management LLC lifted its holdings 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 purchasing an additional 23,792 shares during the last quarter. GoalVest Advisory LLC bought a new stake in shares of US Treasury 6 Month Bill ETF in the 3rd quarter worth approximately $828,000. Finally, PVG Asset Management Corp purchased a new stake in shares of US Treasury 6 Month Bill ETF in the 2nd quarter worth approximately $473,000.

About US Treasury 6 Month Bill ETF

(Get Free Report)

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.

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