SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Short Interest Update

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 305,343 shares, an increase of 47.9% from the August 31st total of 206,423 shares. Based on an average daily trading volume, of 350,448 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.8% of the shares of the stock are short sold.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Up 0.0%

Shares of BILS stock traded up $0.03 on Friday, reaching $99.09. The company had a trading volume of 283,048 shares, compared to its average volume of 397,186. SPDR Bloomberg 3-12 Month T-Bill ETF has a one year low of $99.04 and a one year high of $99.52. The business’s 50-day moving average is $99.27 and its 200 day moving average is $99.28.

Institutional Trading of SPDR Bloomberg 3-12 Month T-Bill ETF

A number of hedge funds have recently made changes to their positions in BILS. Sargent Investment Group LLC raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 6.6% in the 4th quarter. Sargent Investment Group LLC now owns 557,760 shares of the company’s stock valued at $55,341,000 after buying an additional 34,624 shares during the last quarter. Envestnet Asset Management Inc. increased its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 430,339 shares of the company’s stock valued at $42,767,000 after acquiring an additional 9,737 shares during the period. One Day In July LLC raised its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 1.2% during the first quarter. One Day In July LLC now owns 328,210 shares of the company’s stock valued at $32,637,000 after acquiring an additional 3,984 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 237.3% during the first quarter. NewEdge Advisors LLC now owns 311,758 shares of the company’s stock worth $31,001,000 after purchasing an additional 219,333 shares during the period. Finally, Kera Capital Partners Inc. grew its stake in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 170.0% in the first quarter. Kera Capital Partners Inc. now owns 265,419 shares of the company’s stock worth $26,393,000 after purchasing an additional 167,113 shares during the last quarter.

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.