US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Short Interest Up 53.5% in November

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 370,900 shares, a growth of 53.5% from the October 31st total of 241,600 shares. Based on an average daily volume of 1,301,300 shares, the days-to-cover ratio is currently 0.3 days.

US Treasury 3 Month Bill ETF Stock Performance

US Treasury 3 Month Bill ETF stock traded up $0.01 during trading hours on Friday, reaching $50.01. The stock had a trading volume of 1,231,764 shares, compared to its average volume of 1,106,137. The business’s 50 day moving average price is $49.95 and its 200-day moving average price is $49.94. US Treasury 3 Month Bill ETF has a 52 week low of $49.81 and a 52 week high of $50.08.

US Treasury 3 Month Bill ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1874 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.25 dividend on an annualized basis and a yield of 4.50%.

Hedge Funds Weigh In On US Treasury 3 Month Bill ETF

Several hedge funds have recently modified their holdings of the stock. Moloney Securities Asset Management LLC increased its holdings in shares of US Treasury 3 Month Bill ETF by 14.7% during the third quarter. Moloney Securities Asset Management LLC now owns 268,417 shares of the company’s stock valued at $13,432,000 after acquiring an additional 34,325 shares in the last quarter. Longview Financial Advisors Inc. increased its holdings in shares of US Treasury 3 Month Bill ETF by 2.9% during the third quarter. Longview Financial Advisors Inc. now owns 242,471 shares of the company’s stock valued at $12,090,000 after acquiring an additional 6,798 shares in the last quarter. 49 Wealth Management LLC increased its holdings in shares of US Treasury 3 Month Bill ETF by 17.1% during the third quarter. 49 Wealth Management LLC now owns 144,936 shares of the company’s stock valued at $7,253,000 after acquiring an additional 21,169 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in shares of US Treasury 3 Month Bill ETF by 20.1% during the second quarter. Ashton Thomas Private Wealth LLC now owns 76,244 shares of the company’s stock valued at $3,814,000 after acquiring an additional 12,772 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of US Treasury 3 Month Bill ETF by 16.8% during the third quarter. Farther Finance Advisors LLC now owns 50,095 shares of the company’s stock valued at $2,507,000 after acquiring an additional 7,198 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.