US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Update

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 41,170 shares, a decline of 48.9% from the June 15th total of 80,640 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 93,054 shares, the days-to-cover ratio is currently 0.4 days.

US Treasury 6 Month Bill ETF Price Performance

US Treasury 6 Month Bill ETF stock opened at $50.11 on Friday. The firm has a 50 day moving average price of $50.08 and a 200-day moving average price of $50.10. US Treasury 6 Month Bill ETF has a twelve month low of $49.99 and a twelve month high of $50.22.

US Treasury 6 Month Bill ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were paid a $0.1479 dividend. The ex-dividend date was Monday, June 29th. This is a boost from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC increased its stake in shares of US Treasury 6 Month Bill ETF by 8.6% in the third quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock worth $6,253,000 after purchasing an additional 9,831 shares in the last quarter. Harbor Investment Advisory LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 86.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 27,932 shares of the company’s stock worth $1,399,000 after acquiring an additional 12,911 shares in the last quarter. Alpine Bank Wealth Management boosted its holdings in shares of US Treasury 6 Month Bill ETF by 133.5% in the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock worth $4,660,000 after acquiring an additional 53,215 shares during the period. Ibex Wealth Advisors bought a new stake in shares of US Treasury 6 Month Bill ETF during the 1st quarter valued at $504,000. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its stake in US Treasury 6 Month Bill ETF by 52.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after purchasing an additional 7,295 shares during the period.

US Treasury 6 Month Bill ETF Company Profile

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. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.