Short Interest in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Rises By 36.8%

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 507,500 shares, an increase of 36.8% from the November 15th total of 370,900 shares. Based on an average daily trading volume, of 1,294,400 shares, the days-to-cover ratio is presently 0.4 days.

US Treasury 3 Month Bill ETF Price Performance

Shares of TBIL traded up $0.03 during mid-day trading on Friday, hitting $49.95. 1,525,546 shares of the company’s stock traded hands, compared to its average volume of 1,116,855. The business’s 50-day moving average price is $49.93 and its 200-day moving average price is $49.93. US Treasury 3 Month Bill ETF has a 1 year low of $49.81 and a 1 year high of $50.06.

US Treasury 3 Month Bill ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1874 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.25 annualized dividend and a yield of 4.50%.

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

A number of large investors have recently modified their holdings of the stock. SouthState Corp bought a new position in US Treasury 3 Month Bill ETF in the second quarter worth about $35,000. Creative Financial Designs Inc. ADV lifted its stake in shares of US Treasury 3 Month Bill ETF by 102.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,472 shares of the company’s stock valued at $74,000 after purchasing an additional 745 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of US Treasury 3 Month Bill ETF by 48.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,583 shares of the company’s stock valued at $79,000 after purchasing an additional 519 shares in the last quarter. Verity Asset Management Inc. purchased a new stake in US Treasury 3 Month Bill ETF in the third quarter worth $219,000. Finally, Strategic Blueprint LLC bought a new position in US Treasury 3 Month Bill ETF in the second quarter worth $254,000.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve.