Short Interest in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Drops By 36.5%

US Treasury 3 Month Bill ETF (NASDAQ:TBIL – Get Free Report) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 172,069 shares, a decrease of 36.5% from the May 31st total of 271,073 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,929,817 shares, the days-to-cover ratio is presently 0.1 days.

US Treasury 3 Month Bill ETF Price Performance

NASDAQ:TBIL traded up $0.03 on Thursday, reaching $49.89. 714,856 shares of the company’s stock were exchanged, compared to its average volume of 2,184,140. US Treasury 3 Month Bill ETF has a 52 week low of $49.83 and a 52 week high of $50.02. The stock has a fifty day simple moving average of $49.92 and a 200-day simple moving average of $49.93.

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US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a dividend of $0.1469 per share. The ex-dividend date was Monday, June 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors raised its holdings in US Treasury 3 Month Bill ETF by 4,270.3% during the 2nd quarter. Captrust Financial Advisors now owns 187,924 shares of the company’s stock valued at $9,395,000 after acquiring an additional 183,624 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of US Treasury 3 Month Bill ETF by 49,050.3% in the second quarter. JPMorgan Chase & Co. now owns 151,383 shares of the company’s stock worth $7,568,000 after acquiring an additional 151,075 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of US Treasury 3 Month Bill ETF in the third quarter valued at $2,490,000. Alpine Bank Wealth Management grew its position in shares of US Treasury 3 Month Bill ETF by 28.5% in the fourth quarter. Alpine Bank Wealth Management now owns 222,955 shares of the company’s stock valued at $11,121,000 after purchasing an additional 49,494 shares in the last quarter. Finally, Ruggiero Investments Inc. bought a new stake in shares of US Treasury 3 Month Bill ETF during the 4th quarter valued at $1,899,000.

US Treasury 3 Month Bill ETF Company Profile

(Get Free Report)

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. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.

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