US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Large Decrease in Short Interest

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

Institutional Trading of US Treasury 6 Month Bill ETF

Several hedge funds have recently made changes to their positions in the company. 49 Wealth Management LLC grew its stake in shares of US Treasury 6 Month Bill ETF by 14.4% during the 3rd quarter. 49 Wealth Management LLC now owns 188,672 shares of the company’s stock worth $9,471,000 after acquiring an additional 23,792 shares during the period. GoalVest Advisory LLC bought a new position in US Treasury 6 Month Bill ETF during the third quarter worth about $828,000. PVG Asset Management Corp purchased a new position in shares of US Treasury 6 Month Bill ETF in the second quarter worth about $473,000. Zions Bancorporation N.A. bought a new stake in shares of US Treasury 6 Month Bill ETF in the second quarter valued at approximately $426,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of US Treasury 6 Month Bill ETF by 5.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock valued at $834,000 after buying an additional 867 shares in the last quarter.

US Treasury 6 Month Bill ETF Stock Performance

Shares of XBIL stock opened at $50.09 on Friday. The company has a 50 day moving average of $50.09 and a 200-day moving average of $50.04. US Treasury 6 Month Bill ETF has a 12-month low of $49.83 and a 12-month high of $50.21.

US Treasury 6 Month Bill ETF Dividend Announcement

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

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.