US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Up 436.4% in June

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 41,300 shares, an increase of 436.4% from the May 31st total of 7,700 shares. Based on an average daily volume of 124,900 shares, the short-interest ratio is presently 0.3 days.

US Treasury 6 Month Bill ETF Trading Up 0.0 %

Shares of XBIL opened at $50.07 on Friday. US Treasury 6 Month Bill ETF has a 52-week low of $49.83 and a 52-week high of $50.30. The business’s fifty day moving average is $50.00 and its 200-day moving average is $50.02.

US Treasury 6 Month Bill ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, June 4th. Investors of record on Monday, June 3rd were paid a dividend of $0.2181 per share. This represents a $2.62 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date of this dividend was Monday, June 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. 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 buying an additional 322 shares during the period. Private Trust Co. NA lifted its stake in US Treasury 6 Month Bill ETF by 200.0% in the fourth quarter. Private Trust Co. NA now owns 900 shares of the company’s stock valued at $45,000 after purchasing an additional 600 shares during the last quarter. Eldridge Investment Advisors Inc. purchased a new position in US Treasury 6 Month Bill ETF in the fourth quarter valued at approximately $652,000. Flow Traders U.S. LLC lifted its stake in US Treasury 6 Month Bill ETF by 72.6% in the first quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock valued at $3,214,000 after purchasing an additional 26,976 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of 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 worth $7,402,000 after acquiring an additional 139,063 shares during the period.

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.