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

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 14,500 shares, a decline of 45.7% from the October 31st total of 26,700 shares. Based on an average daily volume of 45,800 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Nations Financial Group Inc. IA ADV acquired a new position in US Treasury 12 Month Bill ETF in the third quarter valued at $3,525,000. GoalVest Advisory LLC purchased a new position in US Treasury 12 Month Bill ETF during the 3rd quarter worth approximately $1,357,000. Wealthquest Corp increased its position in US Treasury 12 Month Bill ETF by 3.4% during the third quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock worth $33,472,000 after buying an additional 21,813 shares during the period. Finally, 49 Wealth Management LLC lifted its stake in US Treasury 12 Month Bill ETF by 23.2% in the third quarter. 49 Wealth Management LLC now owns 215,897 shares of the company’s stock valued at $10,852,000 after buying an additional 40,632 shares during the last quarter.

US Treasury 12 Month Bill ETF Stock Up 0.0 %

NASDAQ OBIL traded up $0.02 during trading on Thursday, reaching $50.10. 9,025 shares of the company’s stock were exchanged, compared to its average volume of 40,885. The company has a 50 day moving average price of $50.09 and a two-hundred day moving average price of $49.97. US Treasury 12 Month Bill ETF has a 1 year low of $49.65 and a 1 year high of $50.31.

US Treasury 12 Month Bill ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a dividend of $0.1607 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.93 annualized dividend and a dividend yield of 3.85%.

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.