Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Increases By 436.4%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totalling 41,300 shares, an increase of 436.4% from the May 31st total of 7,700 shares. Based on an average trading volume of 124,900 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of US Treasury 6 Month Bill ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Trivant Custom Portfolio Group LLC raised its stake in shares of US Treasury 6 Month Bill ETF by 178.9% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 502 shares of the company’s stock valued at $25,000 after acquiring an additional 322 shares in the last quarter. Private Trust Co. NA raised its position in shares of US Treasury 6 Month Bill ETF by 200.0% in the fourth quarter. Private Trust Co. NA now owns 900 shares of the company’s stock valued at $45,000 after purchasing an additional 600 shares during the period. Eldridge Investment Advisors Inc. acquired a new stake in shares of US Treasury 6 Month Bill ETF in the fourth quarter worth $652,000. Flow Traders U.S. LLC grew its stake in US Treasury 6 Month Bill ETF by 72.6% in the 1st quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock valued at $3,214,000 after buying an additional 26,976 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in US Treasury 6 Month Bill ETF by 1,533.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 148,131 shares of the company’s stock valued at $7,402,000 after buying an additional 139,063 shares during the last quarter.

US Treasury 6 Month Bill ETF Price Performance

XBIL stock opened at $50.08 on Friday. The firm has a 50 day moving average of $50.00 and a two-hundred day moving average of $50.02. US Treasury 6 Month Bill ETF has a 12 month low of $49.83 and a 12 month high of $50.30.

US Treasury 6 Month Bill ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 4th. Shareholders of record on Monday, June 3rd were given a dividend of $0.2181 per share. This represents a $2.62 annualized dividend and a yield of 5.23%. The ex-dividend date was Monday, June 3rd.

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.