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

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 73,200 shares, an increase of 713.3% from the December 15th total of 9,000 shares. Based on an average daily trading volume, of 38,900 shares, the short-interest ratio is presently 1.9 days.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

A number of hedge funds 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 third quarter valued at about $3,525,000. Wealthquest Corp increased its holdings in shares of 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 in the last quarter. GoalVest Advisory LLC bought a new position in shares of US Treasury 12 Month Bill ETF in the third quarter valued at approximately $1,357,000. Finally, 49 Wealth Management LLC boosted its holdings in shares of 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 worth $10,852,000 after acquiring an additional 40,632 shares in the last quarter.

US Treasury 12 Month Bill ETF Price Performance

Shares of US Treasury 12 Month Bill ETF stock traded up $0.02 during midday trading on Monday, hitting $50.06. 51,875 shares of the company were exchanged, compared to its average volume of 44,882. The firm has a 50 day simple moving average of $50.05 and a 200-day simple moving average of $50.03. US Treasury 12 Month Bill ETF has a 52 week low of $49.65 and a 52 week high of $50.31.

US Treasury 12 Month Bill ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were paid a $0.175 dividend. The ex-dividend date was Monday, December 30th.

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.