US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Stock Short Interest Declines 82.5%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 24,601 shares, a decline of 82.5% from the October 15th total of 140,604 shares. Based on an average trading volume of 100,093 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

US Treasury 6 Month Bill ETF Price Performance

Shares of XBIL opened at $50.03 on Thursday. US Treasury 6 Month Bill ETF has a one year low of $49.93 and a one year high of $50.22. The stock’s fifty day moving average is $50.05 and its 200-day moving average is $50.08.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

Several institutional investors have recently bought and sold shares of XBIL. Alpine Bank Wealth Management grew its position in US Treasury 6 Month Bill ETF by 10.6% in the 3rd quarter. Alpine Bank Wealth Management now owns 163,512 shares of the company’s stock valued at $8,172,000 after buying an additional 15,642 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 1,522.9% in the 1st quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after acquiring an additional 5,056 shares during the period. Marshall & Sterling Wealth Advisors Inc. boosted its holdings in shares of US Treasury 6 Month Bill ETF by 52.5% in 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 in the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in shares of US Treasury 6 Month Bill ETF by 17.5% in the second quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock valued at $1,765,000 after acquiring an additional 5,248 shares in the last quarter.

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.