US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 60,975 shares, a growth of 196.4% from the August 15th total of 20,569 shares. Based on an average trading volume of 96,197 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.
US Treasury 6 Month Bill ETF Stock Down 0.0%
Shares of NASDAQ:XBIL opened at $50.05 on Tuesday. The company has a 50 day moving average of $50.08 and a 200 day moving average of $50.08. US Treasury 6 Month Bill ETF has a 12 month low of $49.98 and a 12 month high of $50.22.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Harbor Investment Advisory LLC increased its holdings in shares of US Treasury 6 Month Bill ETF by 7.6% in the first quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock worth $1,504,000 after purchasing an additional 2,125 shares during the period. NewEdge Advisors LLC raised its position in shares of US Treasury 6 Month Bill ETF by 1,522.9% in the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after buying an additional 5,056 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. boosted its stake in US Treasury 6 Month Bill ETF by 52.5% during the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after buying an additional 7,295 shares during the period. Finally, Ibex Wealth Advisors bought a new stake in US Treasury 6 Month Bill ETF during the first quarter valued at $504,000.
US Treasury 6 Month Bill ETF Company Profile
The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.
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