US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Update

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 9,000 shares, an increase of 181.3% from the November 30th total of 3,200 shares. Based on an average daily trading volume, of 44,800 shares, the days-to-cover ratio is currently 0.2 days.

US Treasury 12 Month Bill ETF Trading Up 0.0 %

NASDAQ OBIL traded up $0.02 during trading on Friday, hitting $50.16. The stock had a trading volume of 39,656 shares, compared to its average volume of 41,003. US Treasury 12 Month Bill ETF has a 12 month low of $49.65 and a 12 month high of $50.31. The company’s 50-day moving average price is $50.06 and its two-hundred day moving average price is $50.02.

US Treasury 12 Month Bill ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a $0.1607 dividend. This represents a $1.93 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date was Friday, November 1st.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in OBIL. GoalVest Advisory LLC acquired a new position in US Treasury 12 Month Bill ETF during the third quarter valued at approximately $1,357,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of US Treasury 12 Month Bill ETF during the 3rd quarter worth approximately $3,525,000. 49 Wealth Management LLC raised its stake in shares of US Treasury 12 Month Bill ETF by 23.2% during the 3rd quarter. 49 Wealth Management LLC now owns 215,897 shares of the company’s stock worth $10,852,000 after purchasing an additional 40,632 shares in the last quarter. Finally, Wealthquest Corp boosted its holdings in shares of US Treasury 12 Month Bill ETF by 3.4% in the 3rd quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock valued at $33,472,000 after buying an additional 21,813 shares during the last quarter.

US Treasury 12 Month Bill ETF Company Profile

The US Treasury 12 Month Bill ETF (OBIL) is an exchange-traded fund that is based on the ICE BofA US 1-Year Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 12-month US Treasury bill. The fund is designed for those specifically required to track the 12-month tenor on the yield curve OBIL was launched on Nov 15, 2022 and is managed by F/m Investments.