Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Stock Short Interest Report for September

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 47,778 shares, a decrease of 74.3% from the September 15th total of 186,060 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 238,310 shares, the days-to-cover ratio is currently 0.2 days.

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

Shares of CLIP stock traded up $0.01 on Tuesday, hitting $100.17. 298,613 shares of the stock traded hands, compared to its average volume of 330,151. Global X 1-3 Month T-Bill ETF has a 52 week low of $100.04 and a 52 week high of $100.45. The firm has a 50 day simple moving average of $100.20 and a two-hundred day simple moving average of $100.21.

Institutional Trading of Global X 1-3 Month T-Bill ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its position in shares of Global X 1-3 Month T-Bill ETF by 298.5% during the first quarter. Cetera Investment Advisers now owns 271,222 shares of the company’s stock valued at $27,220,000 after purchasing an additional 203,166 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of Global X 1-3 Month T-Bill ETF by 18.0% in the first quarter. Bleakley Financial Group LLC now owns 1,069,071 shares of the company’s stock worth $107,292,000 after buying an additional 163,006 shares in the last quarter. Maridea Wealth Management LLC bought a new position in Global X 1-3 Month T-Bill ETF during the first quarter valued at approximately $12,981,000. Gerber Kawasaki Wealth & Investment Management grew its holdings in Global X 1-3 Month T-Bill ETF by 74.0% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 88,083 shares of the company’s stock valued at $8,818,000 after buying an additional 37,462 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in Global X 1-3 Month T-Bill ETF by 89.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 40,760 shares of the company’s stock valued at $4,090,000 after buying an additional 19,279 shares in the last quarter.

Global X 1-3 Month T-Bill ETF Company Profile

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.