US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Update

US Treasury 3 Month Bill ETF (NASDAQ:TBILGet Free Report) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 398,469 shares, a growth of 131.6% from the June 15th total of 172,069 shares. Based on an average daily volume of 2,225,263 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

US Treasury 3 Month Bill ETF Trading Up 0.0%

TBIL stock traded up $0.02 during midday trading on Thursday, reaching $49.95. 864,398 shares of the company were exchanged, compared to its average volume of 2,145,194. US Treasury 3 Month Bill ETF has a one year low of $49.83 and a one year high of $50.02. The business has a 50-day moving average price of $49.92 and a two-hundred day moving average price of $49.92.

US Treasury 3 Month Bill ETF Cuts Dividend

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

Institutional Inflows and Outflows

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