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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 35,700 shares, a decline of 72.8% from the September 30th total of 131,100 shares. Based on an average daily volume of 135,300 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. PVG Asset Management Corp bought a new stake in US Treasury 6 Month Bill ETF in the 2nd quarter valued at $473,000. Zions Bancorporation N.A. acquired a new position in shares of US Treasury 6 Month Bill ETF in the second quarter valued at $426,000. Bank of New York Mellon Corp raised its position in shares of 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 valued at $834,000 after purchasing an additional 867 shares during the period. Trivant Custom Portfolio Group LLC lifted its stake in shares of 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 worth $60,000 after buying an additional 705 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in shares of US Treasury 6 Month Bill ETF by 72.6% during the 1st quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock worth $3,214,000 after buying an additional 26,976 shares during the period.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

Shares of US Treasury 6 Month Bill ETF stock traded up $0.02 on Friday, reaching $50.15. 118,031 shares of the company were exchanged, compared to its average volume of 130,244. US Treasury 6 Month Bill ETF has a one year low of $49.83 and a one year high of $50.21. The company has a 50-day moving average of $50.10 and a 200 day moving average of $50.04.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Tuesday, October 1st were given a $0.193 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 4.62%.

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.