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

Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 39,905 shares, a decline of 49.0% from the August 15th total of 78,312 shares. Based on an average daily trading volume, of 270,403 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are sold short.

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

CLIP stock traded up $0.03 during trading hours on Tuesday, hitting $100.19. 94,811 shares of the stock traded hands, compared to its average volume of 333,377. The stock has a 50-day simple moving average of $100.21 and a 200 day simple moving average of $100.21. Global X 1-3 Month T-Bill ETF has a one year low of $100.05 and a one year high of $100.45.

Hedge Funds Weigh In On Global X 1-3 Month T-Bill ETF

Several hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. lifted its holdings in shares of Global X 1-3 Month T-Bill ETF by 8.6% during the fourth quarter. Harbour Investments Inc. now owns 108,491 shares of the company’s stock valued at $10,861,000 after purchasing an additional 8,560 shares during the last quarter. RHL Group LLC purchased a new position in Global X 1-3 Month T-Bill ETF in the 4th quarter worth about $63,489,000. 3EDGE Asset Management LP increased its stake in Global X 1-3 Month T-Bill ETF by 484.1% in the 4th quarter. 3EDGE Asset Management LP now owns 263,152 shares of the company’s stock worth $26,339,000 after purchasing an additional 218,102 shares in the last quarter. Bleakley Financial Group LLC acquired a new stake in Global X 1-3 Month T-Bill ETF during the 4th quarter worth about $90,706,000. Finally, Financial Network Wealth Advisors LLC raised its holdings in Global X 1-3 Month T-Bill ETF by 14.6% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 57,730 shares of the company’s stock worth $5,779,000 after buying an additional 7,356 shares during the period.

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.