US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Down 55.9% in July

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 175,728 shares, a decrease of 55.9% from the June 30th total of 398,469 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,584,298 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

Institutional investors have recently made changes to their positions in the company. LRI Investments LLC bought a new position in US Treasury 3 Month Bill ETF during the fourth quarter worth $90,000. Sound Income Strategies LLC bought a new stake in shares of US Treasury 3 Month Bill ETF during the 1st quarter valued at about $116,000. Sunbelt Securities Inc. bought a new position in US Treasury 3 Month Bill ETF in the third quarter worth about $156,000. Vermillion & White Wealth Management Group LLC grew its holdings in shares of US Treasury 3 Month Bill ETF by 16.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 4,607 shares of the company’s stock valued at $231,000 after purchasing an additional 646 shares during the last quarter. Finally, Roxbury Financial LLC lifted its holdings in shares of US Treasury 3 Month Bill ETF by 16.9% in the 1st quarter. Roxbury Financial LLC now owns 5,267 shares of the company’s stock worth $263,000 after purchasing an additional 761 shares during the last quarter.

US Treasury 3 Month Bill ETF Price Performance

Shares of TBIL traded up $0.01 during midday trading on Wednesday, hitting $49.86. The company had a trading volume of 2,121,576 shares, compared to its average volume of 2,123,872. The company’s 50 day moving average price is $49.93 and its 200 day moving average price is $49.93. US Treasury 3 Month Bill ETF has a 52 week low of $49.83 and a 52 week high of $50.02.

US Treasury 3 Month Bill ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, July 28th. This represents a c) annualized dividend and a yield of 3.6%.

US Treasury 3 Month Bill ETF Company Profile

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.