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 target of a significant drop in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 22,288 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF

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

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

Shares of NASDAQ:RBIL traded down $0.02 during trading on Monday, reaching $49.99. The stock had a trading volume of 28,985 shares, compared to its average volume of 33,502. F/m Ultrashort Treasury Inflation-Protected Security has a 1-year low of $49.58 and a 1-year high of $50.35. The business has a fifty day moving average price of $49.97 and a 200-day moving average price of $49.95.

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

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

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

There is no description available for this ETF.