Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Short Interest Update

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 69,056 shares, a decrease of 75.6% from the December 31st total of 282,927 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 286,858 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 286,858 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Global X 1-3 Month T-Bill ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sei Investments Co. boosted its stake in Global X 1-3 Month T-Bill ETF by 1.4% during the 3rd quarter. Sei Investments Co. now owns 1,481,178 shares of the company’s stock valued at $148,740,000 after purchasing an additional 20,043 shares in the last quarter. Capital Investment Advisors LLC raised its stake in shares of Global X 1-3 Month T-Bill ETF by 37.0% in the 4th quarter. Capital Investment Advisors LLC now owns 719,536 shares of the company’s stock worth $72,033,000 after buying an additional 194,179 shares in the last quarter. 49 Wealth Management LLC lifted its holdings in shares of Global X 1-3 Month T-Bill ETF by 57.9% in the second quarter. 49 Wealth Management LLC now owns 634,034 shares of the company’s stock valued at $63,670,000 after buying an additional 232,538 shares during the period. Advisor OS LLC boosted its stake in Global X 1-3 Month T-Bill ETF by 18.7% during the third quarter. Advisor OS LLC now owns 409,901 shares of the company’s stock valued at $41,162,000 after buying an additional 64,640 shares in the last quarter. Finally, MJP Associates Inc. ADV boosted its stake in Global X 1-3 Month T-Bill ETF by 13.0% during the third quarter. MJP Associates Inc. ADV now owns 400,210 shares of the company’s stock valued at $40,189,000 after buying an additional 46,171 shares in the last quarter.

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

Global X 1-3 Month T-Bill ETF stock traded up $0.04 during trading hours on Friday, hitting $100.40. 269,519 shares of the company traded hands, compared to its average volume of 301,345. Global X 1-3 Month T-Bill ETF has a 1-year low of $100.02 and a 1-year high of $100.47. The firm’s 50-day simple moving average is $100.25 and its two-hundred day simple moving average is $100.26.

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.