SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 220,867 shares, an increase of 514.1% from the June 30th total of 35,965 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 307,815 shares, the short-interest ratio is currently 0.7 days.
Institutional Trading of SPDR Bloomberg 3-12 Month T-Bill ETF
A number of hedge funds have recently added to or reduced their stakes in the business. ST Germain D J Co. Inc. increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% during the 4th quarter. ST Germain D J Co. Inc. now owns 1,629 shares of the company’s stock valued at $162,000 after purchasing an additional 287 shares during the period. Revisor Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter worth approximately $201,000. Horizon Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF in the 1st quarter worth approximately $215,000. Strategic Blueprint LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter valued at approximately $216,000. Finally, Claro Advisors Inc. bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter valued at approximately $284,000.
SPDR Bloomberg 3-12 Month T-Bill ETF Price Performance
Shares of BILS stock traded up $0.03 during mid-day trading on Friday, hitting $99.34. The stock had a trading volume of 214,203 shares, compared to its average volume of 423,939. SPDR Bloomberg 3-12 Month T-Bill ETF has a 12-month low of $99.08 and a 12-month high of $99.52. The firm’s 50-day moving average is $99.28 and its two-hundred day moving average is $99.30.
SPDR Bloomberg 3-12 Month T-Bill ETF Company Profile
The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury bills with maturities between 3-12 months. BILS was launched on Sep 23, 2020 and is managed by State Street.
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