BIL Stock Summary and Trading Ideas (SPDR Bloomberg 1-3 Month T-Bill ETF | ARCA:BIL)

The SPDR Bloomberg 1-3 Month T-Bill ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg 1-3 Month U.S. Treasury Bill Index (the "Index") ETF Seeks to provide exposure to publicly issued U.S. Treasury Bills that have a remaining maturities between 1 and 3 months, Short duration fixed income is less exposed to fluctuations in interest rates than longer duration securities.

SPDR Bloomberg 1-3 Month T-Bill ETF trades on the ARCA stock market under the symbol BIL.

As of April 24, 2024, BIL stock price was flat at $91.71 with 6,498,030 million shares trading.

BIL has a beta of 0.00, meaning it tends to be less sensitive to market movements. BIL has a correlation of 0.00 to the broad based SPY ETF.

BIL has a market cap of $32.63 billion. This is considered a Large Cap stock.

In the last 3 years, BIL stock traded as high as $91.86 and as low as $91.21.

BIL has underperformed the market in the last year with a return of +5.1%, while the SPY ETF gained +24.1%. In the last 3 month period, BIL fell short of the market, returning +1.3%, while SPY returned +4.5%. However, in the most recent 2 weeks BIL has outperformed the stock market by returning +0.2%, while SPY returned -1.7%.

BIL support price is $91.69 and resistance is $91.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIL stock will trade within this expected range on the day.