SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS) Short Interest Down 52.7% in May

by · The Markets Daily

SPDR Bloomberg 3-12 Month T-Bill ETF (NYSEARCA:BILS – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 60,795 shares, a decrease of 52.7% from the April 30th total of 128,635 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 391,201 shares, the short-interest ratio is currently 0.2 days.

SPDR Bloomberg 3-12 Month T-Bill ETF Price Performance

Shares of SPDR Bloomberg 3-12 Month T-Bill ETF stock traded down $0.30 during mid-day trading on Monday, hitting $99.14. 389,405 shares of the stock were exchanged, compared to its average volume of 461,932. SPDR Bloomberg 3-12 Month T-Bill ETF has a twelve month low of $99.08 and a twelve month high of $99.52. The company has a 50-day simple moving average of $99.31 and a 200 day simple moving average of $99.31.

Institutional Investors Weigh In On SPDR Bloomberg 3-12 Month T-Bill ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BILS. ST Germain D J Co. Inc. boosted its holdings in SPDR Bloomberg 3-12 Month T-Bill ETF by 21.4% in the fourth quarter. ST Germain D J Co. Inc. now owns 1,629 shares of the company’s stock worth $162,000 after purchasing an additional 287 shares during the period. Revisor Wealth Management LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 4th quarter valued at about $201,000. Horizon Wealth Management LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF in the 1st quarter valued at about $215,000. Strategic Blueprint LLC acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $216,000. Finally, Claro Advisors Inc. acquired a new stake in SPDR Bloomberg 3-12 Month T-Bill ETF during the 4th quarter worth about $284,000.

SPDR Bloomberg 3-12 Month T-Bill ETF Company Profile

(Get Free Report)

The SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury bills with maturities between 3-12 months. BILS was launched on Sep 23, 2020 and is managed by State Street.

See Also