US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Sees Large Decrease in Short Interest

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 3,200 shares, a decline of 77.9% from the November 15th total of 14,500 shares. Based on an average trading volume of 44,700 shares, the short-interest ratio is presently 0.1 days.

US Treasury 12 Month Bill ETF Stock Up 0.0 %

Shares of US Treasury 12 Month Bill ETF stock traded up $0.01 during trading on Wednesday, reaching $50.05. 19,418 shares of the company were exchanged, compared to its average volume of 40,590. US Treasury 12 Month Bill ETF has a twelve month low of $49.65 and a twelve month high of $50.31. The business has a 50-day moving average price of $50.05 and a 200-day moving average price of $49.99.

US Treasury 12 Month Bill ETF Dividend Announcement

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

Institutional Trading of US Treasury 12 Month Bill ETF

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

About US Treasury 12 Month Bill ETF

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.