F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) Shares Shorted: Short Interest Down 97.2% in October

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 596 shares, a drop of 97.2% from the September 30th total of 21,327 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 22,288 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF

A hedge fund recently bought a new stake in F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF stock. Farther Finance Advisors LLC bought a new position in F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (NASDAQ:RBIL) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,427 shares of the company’s stock, valued at approximately $71,000.

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF Price Performance

RBIL stock remained flat at $49.99 during midday trading on Tuesday. The company had a trading volume of 3,351 shares, compared to its average volume of 33,352. The stock’s 50-day moving average price is $49.97 and its 200-day moving average price is $49.95. F/m Ultrashort Treasury Inflation-Protected Security has a 12 month low of $49.58 and a 12 month high of $50.35.

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 19th. Investors of record on Friday, October 16th were paid a dividend of $0.2305 per share. The ex-dividend date of this dividend was Friday, October 16th. This is a decrease from F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF’s previous monthly dividend of $0.2455. This represents a $2.77 annualized dividend and a yield of 5.5%.

About F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF

There is no description available for this ETF.