SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) Short Interest Update

SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 4,055,219 shares, a growth of 109.0% from the December 31st total of 1,940,422 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 8,399,569 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 8,399,569 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.9% of the shares of the stock are sold short.

Institutional Trading of SPDR Bloomberg 1-3 Month T-Bill ETF

Several large investors have recently bought and sold shares of the business. Cornerstone Investment Partners LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% during the third quarter. Cornerstone Investment Partners LLC now owns 36,329 shares of the company’s stock worth $3,333,000 after acquiring an additional 115 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after buying an additional 116 shares in the last quarter. Tower Wealth Partners Inc. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% in the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock valued at $442,000 after acquiring an additional 117 shares during the last quarter. Verity Asset Management Inc. lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock valued at $226,000 after acquiring an additional 117 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after acquiring an additional 119 shares in the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Up 0.0%

NYSEARCA BIL traded up $0.01 on Friday, hitting $91.64. 5,893,157 shares of the company’s stock were exchanged, compared to its average volume of 8,247,354. The stock has a 50-day moving average of $91.50 and a 200-day moving average of $91.58. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78.

About SPDR Bloomberg 1-3 Month T-Bill ETF

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.