Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP – Get Free Report) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 65,825 shares, a drop of 41.1% from the May 14th total of 111,686 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 543,530 shares, the days-to-cover ratio is presently 0.1 days.
Global X 1-3 Month T-Bill ETF Stock Up 0.0%
NYSEARCA CLIP opened at $100.21 on Wednesday. Global X 1-3 Month T-Bill ETF has a one year low of $100.04 and a one year high of $100.47. The stock’s 50-day moving average is $100.21 and its 200-day moving average is $100.22.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Global X 1-3 Month T-Bill ETF during the fourth quarter worth about $301,029,000. Sei Investments Co. grew its holdings in shares of Global X 1-3 Month T-Bill ETF by 1.4% during the third quarter. Sei Investments Co. now owns 1,481,178 shares of the company’s stock worth $148,740,000 after buying an additional 20,043 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Global X 1-3 Month T-Bill ETF by 18.0% during the first quarter. Bleakley Financial Group LLC now owns 1,069,071 shares of the company’s stock worth $107,292,000 after buying an additional 163,006 shares in the last quarter. Capital Investment Advisors LLC grew its holdings in shares of Global X 1-3 Month T-Bill ETF by 37.0% during the fourth quarter. Capital Investment Advisors LLC now owns 719,536 shares of the company’s stock worth $72,033,000 after buying an additional 194,179 shares in the last quarter. Finally, RHL Group LLC bought a new position in shares of Global X 1-3 Month T-Bill ETF during the fourth quarter worth about $63,489,000.
About Global X 1-3 Month T-Bill ETF
The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.
Featured Stories
- Five stocks we like better than Global X 1-3 Month T-Bill ETF
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Global X 1-3 Month T-Bill ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X 1-3 Month T-Bill ETF and related companies with MarketBeat.com's FREE daily email newsletter.
