US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Update

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 241,600 shares, a decrease of 38.3% from the October 15th total of 391,600 shares. Based on an average daily volume of 1,278,400 shares, the short-interest ratio is currently 0.2 days.

US Treasury 3 Month Bill ETF Trading Up 0.0 %

TBIL traded up $0.02 during trading hours on Friday, hitting $49.95. The company’s stock had a trading volume of 1,111,096 shares, compared to its average volume of 1,105,194. US Treasury 3 Month Bill ETF has a 12 month low of $49.81 and a 12 month high of $50.08. The business’s 50-day moving average price is $49.94 and its 200-day moving average price is $49.93.

US Treasury 3 Month Bill ETF Dividend Announcement

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

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

Several hedge funds and other institutional investors have recently made changes to their positions in TBIL. Moloney Securities Asset Management LLC increased its stake in US Treasury 3 Month Bill ETF by 14.7% in the third quarter. Moloney Securities Asset Management LLC now owns 268,417 shares of the company’s stock worth $13,432,000 after purchasing an additional 34,325 shares during the period. Longview Financial Advisors Inc. grew its stake in US Treasury 3 Month Bill ETF by 2.9% in the third quarter. Longview Financial Advisors Inc. now owns 242,471 shares of the company’s stock worth $12,090,000 after purchasing an additional 6,798 shares in the last quarter. 49 Wealth Management LLC increased its holdings in US Treasury 3 Month Bill ETF by 17.1% during the 3rd quarter. 49 Wealth Management LLC now owns 144,936 shares of the company’s stock worth $7,253,000 after purchasing an additional 21,169 shares during the period. Ashton Thomas Private Wealth LLC raised its position in US Treasury 3 Month Bill ETF by 20.1% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 76,244 shares of the company’s stock valued at $3,814,000 after purchasing an additional 12,772 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of US Treasury 3 Month Bill ETF by 16.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 50,095 shares of the company’s stock worth $2,507,000 after buying an additional 7,198 shares during the period.

About US Treasury 3 Month Bill ETF

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.