Short Interest in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Declines By 63.0%

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 22,600 shares, a decline of 63.0% from the November 15th total of 61,100 shares. Based on an average daily volume of 145,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its stake in US Treasury 6 Month Bill ETF by 5.5% in the 2nd 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. Zions Bancorporation N.A. acquired a new position in US Treasury 6 Month Bill ETF in the 2nd quarter valued at about $426,000. PVG Asset Management Corp acquired a new position in US Treasury 6 Month Bill ETF in the 2nd quarter valued at about $473,000. GoalVest Advisory LLC acquired a new position in US Treasury 6 Month Bill ETF in the 3rd quarter valued at about $828,000. Finally, 49 Wealth Management LLC grew its stake in US Treasury 6 Month Bill ETF by 14.4% in the 3rd quarter. 49 Wealth Management LLC now owns 188,672 shares of the company’s stock valued at $9,471,000 after buying an additional 23,792 shares during the last quarter.

US Treasury 6 Month Bill ETF Stock Performance

US Treasury 6 Month Bill ETF stock opened at $50.07 on Thursday. The company’s 50-day moving average is $50.09 and its 200-day moving average is $50.06. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.83 and a fifty-two week high of $50.21.

US Treasury 6 Month Bill ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a $0.1763 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.12 dividend on an annualized basis and a yield of 4.23%.

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.