US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Down 55.9% in July

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 175,728 shares, a decline of 55.9% from the June 30th total of 398,469 shares. Based on an average trading volume of 1,584,298 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

US Treasury 3 Month Bill ETF Stock Performance

US Treasury 3 Month Bill ETF stock opened at $49.86 on Thursday. The stock’s 50-day moving average is $49.93 and its 200-day moving average is $49.93. US Treasury 3 Month Bill ETF has a 12 month low of $49.83 and a 12 month high of $50.02.

US Treasury 3 Month Bill ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were given a dividend of $0.15 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, July 28th.

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

Several hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in US Treasury 3 Month Bill ETF by 49,050.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 151,383 shares of the company’s stock worth $7,568,000 after acquiring an additional 151,075 shares during the period. Betterment LLC grew its holdings in US Treasury 3 Month Bill ETF by 4.2% during the 2nd quarter. Betterment LLC now owns 26,705 shares of the company’s stock valued at $1,335,000 after purchasing an additional 1,072 shares in the last quarter. Captrust Financial Advisors increased its stake in US Treasury 3 Month Bill ETF by 4,270.3% during the 2nd quarter. Captrust Financial Advisors now owns 187,924 shares of the company’s stock worth $9,395,000 after buying an additional 183,624 shares during the period. Sunbelt Securities Inc. purchased a new stake in US Treasury 3 Month Bill ETF during the 3rd quarter worth $156,000. Finally, Jaffetilchin Investment Partners LLC lifted its holdings in US Treasury 3 Month Bill ETF by 8.3% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 100,353 shares of the company’s stock worth $5,006,000 after buying an additional 7,714 shares in the last quarter.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.