SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Short Interest Update

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 206,423 shares, a growth of 79.6% from the August 15th total of 114,930 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 293,179 shares, the short-interest ratio is currently 0.7 days.

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

Shares of BILS traded down $0.01 during trading hours on Wednesday, reaching $99.19. 425,970 shares of the stock traded hands, compared to its average volume of 399,613. The company’s 50-day moving average price is $99.27 and its two-hundred day moving average price is $99.28. SPDR Bloomberg 3-12 Month T-Bill ETF has a 52-week low of $99.08 and a 52-week high of $99.52.

Hedge Funds Weigh In On SPDR Bloomberg 3-12 Month T-Bill ETF

A number of hedge funds have recently made changes to their positions in the business. Horizon Wealth Management LLC bought a new position in shares of SPDR Bloomberg 3-12 Month T-Bill ETF during the 1st quarter valued at approximately $215,000. GAMMA Investing LLC lifted its position in SPDR Bloomberg 3-12 Month T-Bill ETF by 116.0% in the second quarter. GAMMA Investing LLC now owns 3,114 shares of the company’s stock worth $309,000 after buying an additional 1,672 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth $311,000. Cornerstone Planning LLC purchased a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the fourth quarter worth $322,000. Finally, Arkadios Wealth Advisors bought a new position in SPDR Bloomberg 3-12 Month T-Bill ETF during the first quarter valued at $337,000.

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.