US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Update

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 80,640 shares, an increase of 82.0% from the May 31st total of 44,308 shares. Based on an average daily volume of 95,654 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the shares of the company are sold short.

US Treasury 6 Month Bill ETF Price Performance

XBIL opened at $50.04 on Friday. The stock’s 50 day moving average price is $50.08 and its two-hundred day moving average price is $50.10. US Treasury 6 Month Bill ETF has a 12-month low of $49.99 and a 12-month high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were paid a $0.1479 dividend. The ex-dividend date was Monday, June 29th. This is a positive change from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Large investors have recently bought and sold shares of the stock. NewEdge Advisors LLC raised its position in shares of US Treasury 6 Month Bill ETF by 1,522.9% during the first 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. Ibex Wealth Advisors bought a new position in US Treasury 6 Month Bill ETF during the first quarter valued at about $504,000. Marshall & Sterling Wealth Advisors Inc. increased its stake in US Treasury 6 Month Bill ETF by 52.5% during the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after acquiring an additional 7,295 shares during the period. Harbor Investment Advisory LLC raised its holdings in US Treasury 6 Month Bill ETF by 86.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 27,932 shares of the company’s stock valued at $1,399,000 after acquiring an additional 12,911 shares in the last quarter. Finally, Alpine Bank Wealth Management raised its holdings in US Treasury 6 Month Bill ETF by 133.5% in the 4th quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock valued at $4,660,000 after acquiring an additional 53,215 shares in the last quarter.

US Treasury 6 Month Bill ETF Company Profile

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.