US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Up 53.5% in November

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 370,900 shares, a growth of 53.5% from the October 31st total of 241,600 shares. Based on an average trading volume of 1,301,300 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of US Treasury 3 Month Bill ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of US Treasury 3 Month Bill ETF in the 3rd quarter worth $1,114,000. EverSource Wealth Advisors LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 1st quarter worth $53,000. Valeo Financial Advisors LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 2nd quarter worth $230,000. Leavell Investment Management Inc. grew its holdings in shares of US Treasury 3 Month Bill ETF by 82.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 8,654 shares of the company’s stock worth $433,000 after purchasing an additional 3,899 shares during the period. Finally, Strategic Blueprint LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 2nd quarter worth $254,000.

US Treasury 3 Month Bill ETF Stock Up 0.0 %

Shares of TBIL traded up $0.01 during midday trading on Friday, reaching $50.01. The company had a trading volume of 1,231,764 shares, compared to its average volume of 1,106,137. US Treasury 3 Month Bill ETF has a 1-year low of $49.81 and a 1-year high of $50.08. The firm has a 50 day simple moving average of $49.95 and a 200-day simple moving average of $49.94.

US Treasury 3 Month Bill ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were paid a $0.1874 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend was Friday, November 1st.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve.