SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS – Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 133,523 shares, a decrease of 39.5% from the July 15th total of 220,867 shares. Based on an average daily trading volume, of 323,868 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are short sold.
Institutional Trading of SPDR Bloomberg 3-12 Month T-Bill ETF
Several institutional investors and hedge funds have recently bought and sold shares of BILS. ST Germain D J Co. Inc. boosted its position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% during the fourth quarter. ST Germain D J Co. Inc. now owns 1,629 shares of the company’s stock worth $162,000 after buying an additional 287 shares during the period. Revisor Wealth Management LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $201,000. Horizon Wealth Management LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 1st quarter worth about $215,000. Strategic Blueprint LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $216,000. Finally, Claro Advisors Inc. purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter valued at about $284,000.
SPDR Bloomberg 3-12 Month T-Bill ETF Stock Performance
Shares of NYSEARCA BILS opened at $99.33 on Thursday. The company has a 50 day simple moving average of $99.28 and a 200-day simple moving average of $99.29. SPDR Bloomberg 3-12 Month T-Bill ETF has a 1 year low of $99.08 and a 1 year high of $99.52.
SPDR Bloomberg 3-12 Month T-Bill ETF Company Profile
The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury bills with maturities between 3-12 months. BILS was launched on Sep 23, 2020 and is managed by State Street.
Further Reading
- Five stocks we like better than SPDR Bloomberg 3-12 Month T-Bill ETF
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for SPDR Bloomberg 3-12 Month T-Bill ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg 3-12 Month T-Bill ETF and related companies with MarketBeat.com's FREE daily email newsletter.
