US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 13,500 shares, a decrease of 16.7% from the June 30th total of 16,200 shares. Based on an average trading volume of 131,000 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Investors Weigh In On US Treasury 6 Month Bill ETF
A number of institutional investors and hedge funds have recently bought and sold shares of XBIL. Bank of New York Mellon Corp lifted its stake in US Treasury 6 Month Bill ETF by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock valued at $834,000 after buying an additional 867 shares during the last quarter. Trivant Custom Portfolio Group LLC boosted its stake in US Treasury 6 Month Bill ETF by 140.4% during the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock worth $60,000 after purchasing an additional 705 shares during the period. Flow Traders U.S. LLC grew its position in US Treasury 6 Month Bill ETF by 72.6% during the 1st quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock worth $3,214,000 after purchasing an additional 26,976 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in US Treasury 6 Month Bill ETF by 1,533.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 148,131 shares of the company’s stock valued at $7,402,000 after purchasing an additional 139,063 shares during the period. Finally, Eldridge Investment Advisors Inc. purchased a new stake in shares of US Treasury 6 Month Bill ETF in the fourth quarter valued at about $652,000.
US Treasury 6 Month Bill ETF Stock Performance
Shares of US Treasury 6 Month Bill ETF stock opened at $50.10 on Tuesday. US Treasury 6 Month Bill ETF has a 52 week low of $49.83 and a 52 week high of $50.30. The firm’s 50 day moving average is $50.00 and its two-hundred day moving average is $50.02.
US Treasury 6 Month Bill ETF Dividend Announcement
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.
Further Reading
- Five stocks we like better than US Treasury 6 Month Bill ETF
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Survey: Top 175 Fittest Retirement Locations in America
- How to Calculate Return on Investment (ROI)
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- 3 Tickers Leading a Meme Stock Revival
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for US Treasury 6 Month Bill ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Treasury 6 Month Bill ETF and related companies with MarketBeat.com's FREE daily email newsletter.