SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) Short Interest Up 45.8% in December

SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 4,194,833 shares, an increase of 45.8% from the November 30th total of 2,876,962 shares. Based on an average daily volume of 8,038,013 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 8,038,013 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of SPDR Bloomberg 1-3 Month T-Bill ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the third quarter worth about $25,000. Atlantic Union Bankshares Corp raised its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock worth $25,000 after purchasing an additional 119 shares in the last quarter. City Holding Co. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% during the third quarter. City Holding Co. now owns 310 shares of the company’s stock valued at $28,000 after purchasing an additional 270 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock worth $36,000 after buying an additional 126 shares in the last quarter. Finally, Western Pacific Wealth Management LP bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth approximately $38,000.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Performance

BIL stock traded up $0.01 during trading on Tuesday, hitting $91.37. The company had a trading volume of 7,824,199 shares, compared to its average volume of 10,123,627. The business has a 50 day moving average of $91.56 and a 200 day moving average of $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

About SPDR Bloomberg 1-3 Month T-Bill ETF

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.