F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) Sees Large Decrease in Short Interest

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 596 shares, a drop of 97.2% from the September 30th total of 21,327 shares. Based on an average trading volume of 22,288 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF Price Performance

NASDAQ RBIL traded down $0.02 on Monday, hitting $49.99. The company had a trading volume of 28,985 shares, compared to its average volume of 33,502. The company’s fifty day moving average price is $49.97 and its 200-day moving average price is $49.95. F/m Ultrashort Treasury Inflation-Protected Security has a 12-month low of $49.58 and a 12-month high of $50.35.

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 19th. Stockholders of record on Friday, October 16th were given a $0.2305 dividend. This represents a $2.77 annualized dividend and a dividend yield of 5.5%. This is a negative change from F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF’s previous monthly dividend of $0.2455. The ex-dividend date was Friday, October 16th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF stock. Farther Finance Advisors LLC acquired a new position in F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,427 shares of the company’s stock, valued at approximately $71,000.

About F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF

There is no description available for this ETF.