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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 99,672 shares, an increase of 320.2% from the April 15th total of 23,721 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 135,454 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of US Treasury 6 Month Bill ETF

Several hedge funds have recently modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. lifted its position in shares of 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 buying an additional 7,295 shares during the last quarter. Ibex Wealth Advisors purchased a new stake in shares of US Treasury 6 Month Bill ETF during the first quarter valued at about $504,000. Harbor Investment Advisory LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 7.6% during the first quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock valued at $1,504,000 after buying an additional 2,125 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 7.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock valued at $6,688,000 after buying an additional 9,003 shares during the last quarter. Finally, Alpine Bank Wealth Management lifted its position in shares of US Treasury 6 Month Bill ETF by 133.5% during the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock valued at $4,660,000 after buying an additional 53,215 shares during the last quarter.

US Treasury 6 Month Bill ETF Price Performance

XBIL stock opened at $50.09 on Thursday. The firm has a 50-day simple moving average of $50.09 and a two-hundred day simple moving average of $50.12. US Treasury 6 Month Bill ETF has a one year low of $49.98 and a one year high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 29th. Shareholders of record on Tuesday, April 28th were given a dividend of $0.1494 per share. The ex-dividend date of this dividend was Tuesday, April 28th. This is a positive change from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

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.