US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Update

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 175,728 shares, a drop of 55.9% from the June 30th total of 398,469 shares. Based on an average trading volume of 1,584,298 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

US Treasury 3 Month Bill ETF Price Performance

NASDAQ TBIL opened at $49.84 on Tuesday. US Treasury 3 Month Bill ETF has a 12 month low of $49.83 and a 12 month high of $50.02. The stock’s fifty day moving average price is $49.93 and its 200-day moving average price is $49.93.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a $0.1469 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Hedge Funds Weigh In On US Treasury 3 Month Bill ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Roxbury Financial LLC boosted its holdings in shares of US Treasury 3 Month Bill ETF by 33.5% in the second quarter. Roxbury Financial LLC now owns 7,030 shares of the company’s stock worth $351,000 after buying an additional 1,763 shares during the last quarter. Parallel Advisors LLC raised its position in US Treasury 3 Month Bill ETF by 13.2% in the first quarter. Parallel Advisors LLC now owns 65,227 shares of the company’s stock worth $3,252,000 after acquiring an additional 7,593 shares during the period. Sound Income Strategies LLC bought a new position in US Treasury 3 Month Bill ETF in the first quarter worth approximately $116,000. Strategic Investment Solutions Inc. IL boosted its stake in shares of US Treasury 3 Month Bill ETF by 17.5% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 24,781 shares of the company’s stock worth $1,236,000 after acquiring an additional 3,684 shares during the last quarter. Finally, Claris Financial LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 4th quarter worth $786,000.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.