US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 107,108 shares, an increase of 139.7% from the September 15th total of 44,685 shares. Based on an average daily trading volume, of 120,538 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.7% of the shares of the stock are short sold.
Hedge Funds Weigh In On US Treasury 6 Month Bill ETF
Large investors have recently modified their holdings of the stock. Ibex Wealth Advisors acquired a new stake in shares of US Treasury 6 Month Bill ETF in the first quarter valued at approximately $504,000. Harbor Investment Advisory LLC boosted its position in US Treasury 6 Month Bill ETF by 17.5% in the 2nd quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock valued at $1,765,000 after buying an additional 5,248 shares during the last quarter. NewEdge Advisors LLC boosted its position in US Treasury 6 Month Bill ETF by 1,522.9% in the 1st quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock valued at $270,000 after buying an additional 5,056 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its position in US Treasury 6 Month Bill ETF by 52.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after buying an additional 7,295 shares during the last quarter.
US Treasury 6 Month Bill ETF Price Performance
US Treasury 6 Month Bill ETF stock opened at $50.05 on Wednesday. The stock has a 50-day simple moving average of $50.07 and a 200 day simple moving average of $50.08. US Treasury 6 Month Bill ETF has a 12-month low of $49.93 and a 12-month high of $50.22.
About US Treasury 6 Month Bill ETF
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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