Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 152,649 shares, a growth of 189.1% from the June 15th total of 52,798 shares. Based on an average daily trading volume, of 251,701 shares, the short-interest ratio is currently 0.6 days. Currently, 0.6% of the shares of the company are sold short.
Institutional Trading of Global X 1-3 Month T-Bill ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Global X 1-3 Month T-Bill ETF during the 4th quarter valued at approximately $301,029,000. Bleakley Financial Group LLC lifted its stake in Global X 1-3 Month T-Bill ETF by 18.0% in the first quarter. Bleakley Financial Group LLC now owns 1,069,071 shares of the company’s stock valued at $107,292,000 after buying an additional 163,006 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in Global X 1-3 Month T-Bill ETF by 37.0% in the fourth quarter. Capital Investment Advisors LLC now owns 719,536 shares of the company’s stock valued at $72,033,000 after buying an additional 194,179 shares during the last quarter. RHL Group LLC acquired a new position in shares of Global X 1-3 Month T-Bill ETF during the fourth quarter valued at $63,489,000. Finally, Cetera Investment Advisers grew its position in shares of Global X 1-3 Month T-Bill ETF by 298.5% during the first quarter. Cetera Investment Advisers now owns 271,222 shares of the company’s stock worth $27,220,000 after acquiring an additional 203,166 shares during the last quarter.
Global X 1-3 Month T-Bill ETF Price Performance
Shares of NYSEARCA:CLIP remained flat at $100.18 during trading on Tuesday. 405,320 shares of the company were exchanged, compared to its average volume of 347,335. Global X 1-3 Month T-Bill ETF has a twelve month low of $100.05 and a twelve month high of $100.47. The company’s 50 day moving average is $100.20 and its 200 day moving average is $100.22.
Global X 1-3 Month T-Bill ETF Company Profile
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
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
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.
