Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Short Interest Down 48.2% in July

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 23,058 shares, a drop of 48.2% from the July 15th total of 44,522 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 165,509 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Global X 1-3 Month T-Bill ETF

Several large investors have recently made changes to their positions in the company. Creekmur Asset Management LLC acquired a new position in Global X 1-3 Month T-Bill ETF during the 2nd quarter valued at about $118,000. Balefire LLC bought a new position in Global X 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $420,000. Stillwater Private Wealth LLC bought a new position in Global X 1-3 Month T-Bill ETF during the 1st quarter worth approximately $253,000. Verus Capital Partners LLC grew its holdings in Global X 1-3 Month T-Bill ETF by 14.3% during the first quarter. Verus Capital Partners LLC now owns 134,145 shares of the company’s stock valued at $13,463,000 after purchasing an additional 16,795 shares during the period. Finally, Centaurus Financial Inc. increased its position in shares of Global X 1-3 Month T-Bill ETF by 53.1% in the 1st quarter. Centaurus Financial Inc. now owns 28,215 shares of the company’s stock valued at $2,832,000 after buying an additional 9,791 shares in the last quarter.

Global X 1-3 Month T-Bill ETF Trading Up 0.0%

CLIP traded up $0.03 during trading on Friday, hitting $100.21. The company’s stock had a trading volume of 213,584 shares, compared to its average volume of 342,159. Global X 1-3 Month T-Bill ETF has a 12 month low of $100.05 and a 12 month high of $100.45. The firm’s 50 day moving average price is $100.21 and its two-hundred day moving average price is $100.22.

About Global X 1-3 Month T-Bill ETF

The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.