US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Up 500.0% in April

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,200 shares, a growth of 500.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 112,800 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Several institutional investors have recently made changes to their positions in XBIL. Janney Montgomery Scott LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 1,533.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 148,131 shares of the company’s stock worth $7,402,000 after purchasing an additional 139,063 shares during the period. F M Investments LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 240.1% in the 3rd quarter. F M Investments LLC now owns 41,747 shares of the company’s stock worth $2,094,000 after purchasing an additional 29,471 shares during the period. Eldridge Investment Advisors Inc. bought a new position in shares of US Treasury 6 Month Bill ETF in the 4th quarter worth approximately $652,000. Private Trust Co. NA lifted its stake in shares of US Treasury 6 Month Bill ETF by 200.0% in the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $45,000 after purchasing an additional 600 shares during the period. Finally, Trivant Custom Portfolio Group LLC raised its stake in US Treasury 6 Month Bill ETF by 178.9% during the 1st quarter. Trivant Custom Portfolio Group LLC now owns 502 shares of the company’s stock worth $25,000 after acquiring an additional 322 shares during the period.

US Treasury 6 Month Bill ETF Stock Up 0.0 %

NASDAQ:XBIL opened at $50.08 on Friday. The firm’s 50-day moving average price is $50.02 and its 200-day moving average price is $50.04. US Treasury 6 Month Bill ETF has a 1-year low of $49.83 and a 1-year high of $50.30.

US Treasury 6 Month Bill ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Tuesday, April 2nd were paid a $0.2153 dividend. This represents a $2.58 annualized dividend and a dividend yield of 5.16%. The ex-dividend date was Monday, April 1st.

About US Treasury 6 Month Bill ETF

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.