US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Update

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 696,910 shares, an increase of 558.2% from the April 15th total of 105,879 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,880,300 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Harbor Investment Advisory LLC bought a new position in shares of US Treasury 3 Month Bill ETF in the 3rd quarter valued at about $30,000. Rothschild Investment LLC bought a new position in shares of US Treasury 3 Month Bill ETF in the 3rd quarter valued at about $60,000. LRI Investments LLC bought a new position in shares of US Treasury 3 Month Bill ETF in the 4th quarter valued at about $90,000. Sound Income Strategies LLC bought a new position in shares of US Treasury 3 Month Bill ETF in the 1st quarter valued at about $116,000. Finally, Sunbelt Securities Inc. bought a new position in shares of US Treasury 3 Month Bill ETF in the 3rd quarter valued at about $156,000.

US Treasury 3 Month Bill ETF Stock Up 0.0%

US Treasury 3 Month Bill ETF stock traded up $0.01 during mid-day trading on Tuesday, reaching $49.92. The company’s stock had a trading volume of 326,068 shares, compared to its average volume of 2,270,387. US Treasury 3 Month Bill ETF has a 12 month low of $49.81 and a 12 month high of $50.02. The business’s 50 day simple moving average is $49.91 and its 200 day simple moving average is $49.93.

US Treasury 3 Month Bill ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 29th. Stockholders of record on Tuesday, April 28th were given a $0.147 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, April 28th.

About US Treasury 3 Month Bill ETF

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.