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

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 282,927 shares, an increase of 223.3% from the December 15th total of 87,513 shares. Based on an average daily volume of 398,021 shares, the short-interest ratio is presently 0.7 days. Approximately 1.3% of the shares of the stock are sold short. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily volume of 398,021 shares, the short-interest ratio is presently 0.7 days.

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

Shares of Global X 1-3 Month T-Bill ETF stock traded down $0.01 on Tuesday, hitting $100.22. The stock had a trading volume of 27,121 shares, compared to its average volume of 255,724. The stock has a 50 day moving average of $100.23 and a 200 day moving average of $100.25. Global X 1-3 Month T-Bill ETF has a twelve month low of $100.02 and a twelve month high of $100.47.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Sei Investments Co. grew its stake in shares of Global X 1-3 Month T-Bill ETF by 1.4% in the third quarter. Sei Investments Co. now owns 1,481,178 shares of the company’s stock worth $148,740,000 after purchasing an additional 20,043 shares during the last quarter. 49 Wealth Management LLC boosted its stake in Global X 1-3 Month T-Bill ETF by 57.9% during the second quarter. 49 Wealth Management LLC now owns 634,034 shares of the company’s stock worth $63,670,000 after acquiring an additional 232,538 shares in the last quarter. Capital Investment Advisors LLC increased its stake in shares of Global X 1-3 Month T-Bill ETF by 24.1% during the third quarter. Capital Investment Advisors LLC now owns 525,357 shares of the company’s stock valued at $52,756,000 after purchasing an additional 101,878 shares in the last quarter. Advisor OS LLC increased its position in Global X 1-3 Month T-Bill ETF by 18.7% during the 3rd quarter. Advisor OS LLC now owns 409,901 shares of the company’s stock valued at $41,162,000 after buying an additional 64,640 shares in the last quarter. Finally, MJP Associates Inc. ADV increased its holdings in shares of Global X 1-3 Month T-Bill ETF by 13.0% during the third quarter. MJP Associates Inc. ADV now owns 400,210 shares of the company’s stock valued at $40,189,000 after acquiring an additional 46,171 shares in the last quarter.

About Global X 1-3 Month T-Bill ETF

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.