Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Expands By 82.0%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 80,640 shares, a growth of 82.0% from the May 31st total of 44,308 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 95,654 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

A number of institutional investors have recently made changes to their positions in the company. Harbor Investment Advisory LLC grew its position 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 valued at $1,504,000 after purchasing an additional 2,125 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of US Treasury 6 Month Bill ETF by 1,522.9% during the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after purchasing an additional 5,056 shares during the period. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in US Treasury 6 Month Bill ETF by 52.5% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after purchasing an additional 7,295 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in US Treasury 6 Month Bill ETF by 7.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock worth $6,688,000 after purchasing an additional 9,003 shares during the last quarter. Finally, Ibex Wealth Advisors acquired a new stake in US Treasury 6 Month Bill ETF during the 1st quarter worth approximately $504,000.

US Treasury 6 Month Bill ETF Stock Performance

NASDAQ XBIL opened at $50.01 on Thursday. The firm has a 50-day moving average of $50.09 and a 200-day moving average of $50.10. US Treasury 6 Month Bill ETF has a 52-week low of $49.98 and a 52-week high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a $0.1479 dividend. The ex-dividend date of this dividend was Monday, June 29th. This is an increase from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

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.