Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Grows By 320.2%

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

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

Several large investors have recently modified their holdings of XBIL. Marshall & Sterling Wealth Advisors Inc. lifted its holdings 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 acquiring an additional 7,295 shares during the period. Ibex Wealth Advisors acquired a new stake in shares of US Treasury 6 Month Bill ETF during the 1st quarter worth about $504,000. Harbor Investment Advisory LLC increased its position in shares of US Treasury 6 Month Bill ETF by 7.6% during the 1st quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock worth $1,504,000 after purchasing an additional 2,125 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in US Treasury 6 Month Bill ETF by 7.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock valued at $6,688,000 after purchasing an additional 9,003 shares during the last quarter. Finally, Alpine Bank Wealth Management boosted its position in US Treasury 6 Month Bill ETF by 133.5% in 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 in the last quarter.

US Treasury 6 Month Bill ETF Trading Up 0.0%

Shares of XBIL stock traded up $0.02 during mid-day trading on Wednesday, reaching $50.10. The company’s stock had a trading volume of 105,955 shares, compared to its average volume of 134,834. The firm’s 50-day moving average is $50.09 and its two-hundred day moving average is $50.12. US Treasury 6 Month Bill ETF has a 1-year low of $49.98 and a 1-year high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

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

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.