US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Short Interest Down 69.8% in August

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 20,569 shares, a drop of 69.8% from the July 30th total of 68,093 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 84,365 shares, the short-interest ratio is currently 0.2 days.

US Treasury 6 Month Bill ETF Price Performance

Shares of NASDAQ XBIL traded down $0.15 during midday trading on Thursday, reaching $50.02. The company’s stock had a trading volume of 70,810 shares, compared to its average volume of 115,914. The firm has a 50 day moving average price of $50.09 and a 200-day moving average price of $50.09. US Treasury 6 Month Bill ETF has a 12-month low of $49.98 and a 12-month high of $50.22.

US Treasury 6 Month Bill ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th were given a $0.1587 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a c) annualized dividend and a yield of 3.8%.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

Several large investors have recently made changes to their positions in XBIL. Ibex Wealth Advisors purchased a new position in shares of US Treasury 6 Month Bill ETF in the 1st quarter worth about $504,000. Harbor Investment Advisory LLC increased its holdings in US Treasury 6 Month Bill ETF by 7.6% during the first quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock worth $1,504,000 after buying an additional 2,125 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in US Treasury 6 Month Bill ETF by 7.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock worth $6,688,000 after acquiring an additional 9,003 shares during the period. NewEdge Advisors LLC raised its position in US Treasury 6 Month Bill ETF by 1,522.9% in the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after acquiring an additional 5,056 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. grew its position in shares of US Treasury 6 Month Bill ETF by 52.5% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after acquiring an additional 7,295 shares during the period.

About US Treasury 6 Month Bill ETF

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.