US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 69.8% in August

US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 20,569 shares, a decrease of 69.8% from the July 30th total of 68,093 shares. Based on an average daily volume of 84,365 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

US Treasury 6 Month Bill ETF Stock Performance

Shares of XBIL traded down $0.15 during mid-day trading on Thursday, hitting $50.02. The stock had a trading volume of 70,810 shares, compared to its average volume of 115,914. US Treasury 6 Month Bill ETF has a 52 week low of $49.98 and a 52 week high of $50.22. The business has a fifty day moving average price of $50.09 and a 200-day moving average price of $50.09.

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US Treasury 6 Month Bill ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were paid a $0.1587 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Tuesday, July 28th.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC boosted its holdings in shares of US Treasury 6 Month Bill ETF by 17.5% in the second quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock worth $1,765,000 after acquiring an additional 5,248 shares during the period. NewEdge Advisors LLC raised its stake in shares of US Treasury 6 Month Bill ETF by 1,522.9% during the 1st quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock valued at $270,000 after purchasing an additional 5,056 shares during the period. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in US Treasury 6 Month Bill ETF by 52.5% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after purchasing an additional 7,295 shares in the last quarter. Ibex Wealth Advisors bought a new position in US Treasury 6 Month Bill ETF in the 1st quarter worth about $504,000. Finally, Integrated Wealth Concepts LLC boosted its stake in US Treasury 6 Month Bill ETF by 7.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock worth $6,688,000 after purchasing an additional 9,003 shares during the period.

About US Treasury 6 Month Bill ETF

(Get Free Report)

The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.

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