Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Short Interest Update

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 87,513 shares, a growth of 91.5% from the November 30th total of 45,693 shares. Based on an average trading volume of 390,015 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are sold short. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 390,015 shares, the days-to-cover ratio is presently 0.2 days.

Global X 1-3 Month T-Bill ETF Stock Performance

Shares of Global X 1-3 Month T-Bill ETF stock traded up $0.02 during trading on Friday, reaching $100.38. 895,203 shares of the stock were exchanged, compared to its average volume of 231,593. Global X 1-3 Month T-Bill ETF has a 1 year low of $100.02 and a 1 year high of $100.47. The stock’s fifty day moving average is $100.27 and its 200 day moving average is $100.26.

Institutional Investors Weigh In On Global X 1-3 Month T-Bill ETF

Large investors have recently made changes to their positions in the business. AE Wealth Management LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF during the third quarter valued at approximately $51,000. Compass Financial Services Inc boosted its holdings in Global X 1-3 Month T-Bill ETF by 49.0% in the third quarter. Compass Financial Services Inc now owns 626 shares of the company’s stock valued at $63,000 after acquiring an additional 206 shares in the last quarter. WPG Advisers LLC purchased a new position in Global X 1-3 Month T-Bill ETF during the 1st quarter valued at $142,000. Geneos Wealth Management Inc. increased its position in Global X 1-3 Month T-Bill ETF by 40.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,760 shares of the company’s stock valued at $177,000 after purchasing an additional 510 shares during the period. Finally, Golden State Equity Partners bought a new position in Global X 1-3 Month T-Bill ETF in the 3rd quarter worth $202,000.

Global X 1-3 Month T-Bill ETF Company Profile

The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.