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

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 34,300 shares, an increase of 115.7% from the February 28th total of 15,900 shares. Based on an average trading volume of 42,300 shares, the short-interest ratio is currently 0.8 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

A number of institutional investors have recently bought and sold shares of the business. Crews Bank & Trust bought a new stake in US Treasury 12 Month Bill ETF in the fourth quarter valued at about $160,000. Nations Financial Group Inc. IA ADV boosted its stake in US Treasury 12 Month Bill ETF by 22.8% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 86,109 shares of the company’s stock valued at $4,311,000 after buying an additional 15,985 shares in the last quarter. 49 Wealth Management LLC grew its position in US Treasury 12 Month Bill ETF by 27.9% in the fourth quarter. 49 Wealth Management LLC now owns 276,194 shares of the company’s stock valued at $13,826,000 after acquiring an additional 60,297 shares during the period. Finally, Wealthquest Corp boosted its position in US Treasury 12 Month Bill ETF by 3.4% in the third 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 in the last quarter.

US Treasury 12 Month Bill ETF Trading Up 0.1 %

Shares of US Treasury 12 Month Bill ETF stock traded up $0.04 during midday trading on Friday, hitting $50.20. The company had a trading volume of 35,765 shares, compared to its average volume of 41,854. The business’s 50 day simple moving average is $50.11 and its two-hundred day simple moving average is $50.10. 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 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1698 per share. The ex-dividend date was Monday, March 3rd.

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.