SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Short Interest Down 39.5% in July

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 133,523 shares, a decline of 39.5% from the July 15th total of 220,867 shares. Based on an average daily volume of 323,868 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On SPDR Bloomberg 3-12 Month T-Bill ETF

Large investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the first quarter worth about $3,891,000. JPMorgan Chase & Co. raised its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 54.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 53,384 shares of the company’s stock valued at $5,308,000 after acquiring an additional 18,801 shares during the last quarter. Raymond James Financial Inc. lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 7.4% in the 2nd quarter. Raymond James Financial Inc. now owns 181,239 shares of the company’s stock worth $18,021,000 after purchasing an additional 12,542 shares in the last quarter. Ausdal Financial Partners Inc. lifted its stake in SPDR Bloomberg 3-12 Month T-Bill ETF by 8.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 18,199 shares of the company’s stock worth $1,810,000 after purchasing an additional 1,483 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of SPDR Bloomberg 3-12 Month T-Bill ETF by 32.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,133,420 shares of the company’s stock worth $112,749,000 after purchasing an additional 276,283 shares during the last quarter.

SPDR Bloomberg 3-12 Month T-Bill ETF Stock Up 0.0%

NYSEARCA BILS traded up $0.02 during mid-day trading on Tuesday, hitting $99.32. The stock had a trading volume of 234,291 shares, compared to its average volume of 408,819. The firm’s 50 day moving average is $99.27 and its 200 day moving average is $99.29. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $99.08 and a twelve month high of $99.52.

SPDR Bloomberg 3-12 Month T-Bill ETF Company Profile

The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury bills with maturities between 3-12 months. BILS was launched on Sep 23, 2020 and is managed by State Street.