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 during the month of April. As of April 30th, there was short interest totaling 40,192 shares, an increase of 100.5% from the April 15th total of 20,041 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 38,348 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

Several institutional investors have recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV lifted its holdings in shares of US Treasury 12 Month Bill ETF by 8.3% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 149,397 shares of the company’s stock valued at $7,481,000 after buying an additional 11,509 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in shares of US Treasury 12 Month Bill ETF by 76.6% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 27,011 shares of the company’s stock valued at $1,353,000 after buying an additional 11,716 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of US Treasury 12 Month Bill ETF by 6,810.5% during the 4th quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock valued at $694,000 after buying an additional 13,621 shares during the last quarter.

US Treasury 12 Month Bill ETF Price Performance

Shares of US Treasury 12 Month Bill ETF stock remained flat at $50.10 during trading on Friday. The stock had a trading volume of 20,738 shares, compared to its average volume of 45,123. US Treasury 12 Month Bill ETF has a fifty-two week low of $49.97 and a fifty-two week high of $50.33. The business’s fifty day moving average is $50.13 and its two-hundred day moving average is $50.19.

US Treasury 12 Month Bill ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 29th. Stockholders of record on Tuesday, April 28th were issued a dividend of $0.1466 per share. The ex-dividend date was Tuesday, April 28th. This is a positive change from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

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.