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

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a significant growth in short interest during 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 volume of 112,800 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Trivant Custom Portfolio Group LLC grew its stake in shares of US Treasury 6 Month Bill ETF by 178.9% during the first 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 last quarter. Private Trust Co. NA grew its stake in shares of US Treasury 6 Month Bill ETF by 200.0% during the fourth quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $45,000 after acquiring an additional 600 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of US Treasury 6 Month Bill ETF during the third quarter worth about $455,000. Eldridge Investment Advisors Inc. purchased a new stake in shares of US Treasury 6 Month Bill ETF during the fourth quarter worth about $652,000. Finally, F M Investments LLC grew its stake in shares of US Treasury 6 Month Bill ETF by 240.1% during the third quarter. F M Investments LLC now owns 41,747 shares of the company’s stock worth $2,094,000 after acquiring an additional 29,471 shares during the last quarter.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

XBIL opened at $50.08 on Friday. The business’s 50-day moving average is $50.02 and its two-hundred day moving average 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 Announces Dividend

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

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.