Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Short Interest Update

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 32,292 shares, a decline of 38.1% from the March 31st total of 52,206 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 339,143 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Global X 1-3 Month T-Bill ETF

Hedge funds have recently bought and sold shares of the company. 3EDGE Asset Management LP raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 0.3% during the 3rd quarter. 3EDGE Asset Management LP now owns 45,050 shares of the company’s stock valued at $4,523,000 after buying an additional 131 shares in the last quarter. United Advisor Group LLC raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 1.8% during the 4th quarter. United Advisor Group LLC now owns 8,456 shares of the company’s stock valued at $847,000 after buying an additional 152 shares in the last quarter. Compass Financial Services Inc raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 49.0% during the 3rd quarter. Compass Financial Services Inc now owns 626 shares of the company’s stock valued at $63,000 after buying an additional 206 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 13.1% during the 4th quarter. Kestra Advisory Services LLC now owns 2,438 shares of the company’s stock valued at $244,000 after buying an additional 283 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 13.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,921 shares of the company’s stock valued at $293,000 after buying an additional 348 shares in the last quarter.

Global X 1-3 Month T-Bill ETF Price Performance

NYSEARCA:CLIP traded up $0.01 during mid-day trading on Monday, hitting $100.33. 189,791 shares of the stock traded hands, compared to its average volume of 330,471. The business’s 50-day moving average price is $100.22 and its 200 day moving average price is $100.24. Global X 1-3 Month T-Bill ETF has a 12-month low of $100.04 and a 12-month high of $100.47.

About Global X 1-3 Month T-Bill ETF

The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.