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

Posted by Irma Garcia on Oct 26th, 2024

US Treasury 3 Month Bill ETF (NASDAQ:TBIL – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 391,600 shares, an increase of 202.9% from the September 30th total of 129,300 shares. Based on an average daily volume of 1,258,500 shares, the short-interest ratio is currently 0.3 days.

US Treasury 3 Month Bill ETF Price Performance

TBIL stock traded up $0.03 on Friday, reaching $50.00. The company had a trading volume of 2,536,767 shares, compared to its average volume of 1,081,945. The company’s fifty day moving average is $49.94 and its 200 day moving average is $49.93. US Treasury 3 Month Bill ETF has a 1 year low of $49.81 and a 1 year high of $50.08.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Tuesday, October 1st were given a $0.206 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $2.47 annualized dividend and a dividend yield of 4.94%.

Institutional Trading of US Treasury 3 Month Bill ETF

A number of large investors have recently made changes to their positions in the stock. SouthState Corp purchased a new position in US Treasury 3 Month Bill ETF in the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC acquired a new position in shares of US Treasury 3 Month Bill ETF in the first quarter valued at approximately $53,000. Valeo Financial Advisors LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the second quarter valued at approximately $230,000. Verity Asset Management Inc. acquired a new stake in US Treasury 3 Month Bill ETF during the first quarter worth approximately $248,000. Finally, Strategic Blueprint LLC purchased a new stake in US Treasury 3 Month Bill ETF in the 2nd quarter worth approximately $254,000.

About US Treasury 3 Month Bill ETF

(Get Free Report)

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.