US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Up 21.8% in February

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 917,600 shares, a growth of 21.8% from the February 13th total of 753,200 shares. Based on an average trading volume of 1,540,600 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.9% of the shares of the company are sold short.

US Treasury 3 Month Bill ETF Stock Up 0.0 %

US Treasury 3 Month Bill ETF stock opened at $49.95 on Thursday. US Treasury 3 Month Bill ETF has a 12 month low of $49.81 and a 12 month high of $50.05. The company has a fifty day moving average price of $49.94 and a two-hundred day moving average price of $49.93.

US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were issued a $0.1728 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On US Treasury 3 Month Bill ETF

Institutional investors have recently made changes to their positions in the stock. Wealthquest Corp grew its stake in US Treasury 3 Month Bill ETF by 2.7% during the 4th quarter. Wealthquest Corp now owns 308,268 shares of the company’s stock worth $15,370,000 after buying an additional 8,035 shares during the last quarter. Moloney Securities Asset Management LLC increased its stake in shares of US Treasury 3 Month Bill ETF by 12.5% in the fourth quarter. Moloney Securities Asset Management LLC now owns 301,835 shares of the company’s stock valued at $15,049,000 after purchasing an additional 33,418 shares during the period. 49 Wealth Management LLC boosted its position in shares of US Treasury 3 Month Bill ETF by 96.1% during the fourth quarter. 49 Wealth Management LLC now owns 284,284 shares of the company’s stock worth $14,174,000 after buying an additional 139,348 shares during the period. Copia Wealth Management bought a new position in US Treasury 3 Month Bill ETF in the 4th quarter worth approximately $6,395,000. Finally, Janney Montgomery Scott LLC grew its holdings in US Treasury 3 Month Bill ETF by 114.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 66,816 shares of the company’s stock worth $3,331,000 after buying an additional 35,626 shares in the last quarter.

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.