SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) Sees Large Increase in Short Interest

SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 4,194,833 shares, a growth of 45.8% from the November 30th total of 2,876,962 shares. Based on an average daily volume of 8,038,013 shares, the short-interest ratio is presently 0.5 days. Approximately 0.9% of the shares of the company are short sold. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 8,038,013 shares, the short-interest ratio is presently 0.5 days.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Performance

Shares of BIL remained flat at $91.36 during trading hours on Monday. 7,869,583 shares of the stock traded hands, compared to its average volume of 10,132,550. The company’s 50 day moving average price is $91.56 and its two-hundred day moving average price is $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a fifty-two week low of $91.26 and a fifty-two week high of $91.78.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Allworth Financial LP grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.7% in the 3rd quarter. Allworth Financial LP now owns 362,471 shares of the company’s stock valued at $33,257,000 after purchasing an additional 13,069 shares during the period. CMC Financial Group increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 23.7% during the 3rd quarter. CMC Financial Group now owns 12,179 shares of the company’s stock worth $1,117,000 after purchasing an additional 2,331 shares in the last quarter. RIA Advisory Group LLC raised its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 53.5% in the 3rd quarter. RIA Advisory Group LLC now owns 163,396 shares of the company’s stock valued at $14,992,000 after purchasing an additional 56,936 shares during the period. Briaud Financial Planning Inc lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 30.3% in the third quarter. Briaud Financial Planning Inc now owns 6,734 shares of the company’s stock valued at $618,000 after purchasing an additional 1,564 shares in the last quarter. Finally, Pointe Capital Management LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% during the third quarter. Pointe Capital Management LLC now owns 8,807 shares of the company’s stock worth $808,000 after buying an additional 416 shares during the period.

SPDR Bloomberg 1-3 Month T-Bill ETF Company Profile

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.