US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Update

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 20,569 shares, a decrease of 69.8% from the July 30th total of 68,093 shares. Based on an average daily volume of 84,365 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

Several hedge funds have recently modified their holdings of XBIL. NewEdge Advisors LLC raised its position in shares of US Treasury 6 Month Bill ETF by 1,522.9% in the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock valued at $270,000 after buying an additional 5,056 shares during the last quarter. Ibex Wealth Advisors purchased a new stake in US Treasury 6 Month Bill ETF in the 1st quarter worth approximately $504,000. Marshall & Sterling Wealth Advisors Inc. grew its stake in US Treasury 6 Month Bill ETF by 52.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after acquiring an additional 7,295 shares during the period. Harbor Investment Advisory LLC raised its holdings in US Treasury 6 Month Bill ETF by 7.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock valued at $1,504,000 after acquiring an additional 2,125 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in US Treasury 6 Month Bill ETF by 8.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock valued at $6,253,000 after acquiring an additional 9,831 shares during the last quarter.

US Treasury 6 Month Bill ETF Price Performance

Shares of US Treasury 6 Month Bill ETF stock traded up $0.01 during mid-day trading on Friday, reaching $50.03. 31,944 shares of the stock traded hands, compared to its average volume of 115,580. The business has a 50-day moving average of $50.08 and a 200 day moving average of $50.09. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, August 28th. Stockholders of record on Thursday, August 27th will be issued a $0.1589 dividend. The ex-dividend date is Thursday, August 27th. This is a positive change from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

About US Treasury 6 Month Bill ETF

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.